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House Speaker Nancy Pelosi (D-Calif.) discussed the economic recovery package and described the advantageous situation Congressional Democrats have found themselves in.

"We have to think differently about this. We've been so used to an uphill fight, but now we have arrived. We have a strong 80 vote majority in the House, we have a Democratic President in the White House," said Pelosi during her first weekly press conference of the 111th Congress.

"His economic recovery package, almost sight unseen, is supported by 79% of the American people, so we have the opportunity to move...not hastily, but quickly. "

The Speaker promised that the details will be dealt with by the appropriate committees in the following weeks and promised that a bill will be drafted before Congress goes into recess.

Pelosi blamed the Bush tax cuts for upper class Americans as the largest contributor to the deficit and stated,

"Put me down, as clearly as you possibly can, as one who wants to have those tax cuts for the wealthiest in America repealed."

The Speaker also touched on the recent situation in Gaza.

"We will have on the floor, hopefully tomorrow, a resolution about what is happening on the Middle East middle east. I spoke with Prime Minister Olmert Saturday... and expressed to him concerns that we have over collateral damage that is happening in the Gaza Strip.

Pelosi went on to say that she still defends Israel's, and the right of any country, to defend itself.