Fox News

The House’s No. 2 Democrat said Sunday that he is not satisfied with the results of the stimulus so far, but it’s too soon to consider a second package since not all of the $787 billion has been released yet.

House Majority Leader Steny Hoyer, D-Md., said the Obama administration inherited an economy that saw 2 million jobs lost in the three months before President Obama took office.

He said only 130 days have passed since the stimulus was enacted and it needs more time to work.

“I don’t think anybody can honestly say that we’re satisfied with the results so far of the stimulus. But we believe the stimulus was absolutely essential,” Hoyer said on “FOX News Sunday.”

“We have to get the money that is already in the stimulus bill out, and we’re looking at that. … We certainly want to see how this develops over the next few months.”