Make yourself familiar with this FAQ.
Confirm that you have the returnless system. The easiest way is to look at the fuel rail. The returnless has only one line from the tank. The return style has two.
http://www.contour.org/mods/mods.php?s=howto&displayid=39Take a good look at the very last photo. Often the main problem is just that this filter screen is plugged. If it is, and the tank is reasonably clean inside, remove the filter and throw it away. It isn't needed. There is another sock type filer inside the fuel pump module. Some engineer had his head up his *** when he came up with this design.
There is a recall for later Cougars (01 and 02 I think), but not yours. The recall provides for a completely redesigned pump that Ford pays for. Similar thing on some Foci.
Even if you do end up replacing the pump, throw away the bottom filter screen.
A less expensive alternative to replacing the whole pump module is to replace the pump only part using a Focus SVT pump which can be bought seperately. Some modifications are needed and a search should help you find the details if needed.
Regardless of what you end up doing about the pump and pump silter screen, change the normal in line filter too.