Rep. Howard P. "Buck" McKeon (R-Santa Clarita) issued the following statement in response to the new unemployment rate of 9.4%, released in a report today by the Department of Labor:
"The strength of the American economy lies in the hands of its people. Unfortunately, policies that have been put in place over the past two years have only served to stifle innovation, burden small businesses, and essentially halt the flow needed in a free market economy. The figures released today by the Department of Labor, while only slightly improved, illustrate the effect of the current failed policies of the Obama Administration and the Democratic leadership in Congress.
"The Democrats' policies to grow a larger, more intrusive, and more expensive government have further crippled the economy and have left over 14 million people without jobs. The new Republican majority is focused on job creation, which will require creating an environment of certainty for business owners, so they can plan for the future, grow their companies, and hire new employees. We must breakdown the bureaucratic barriers that have been placed on small business, which is the strongest engine for economic prosperity. In fact, one of our first actions of the 112th Congress is to vote on a repeal of ObamaCare, the new health care law that if implemented would cost taxpayers and employers $2.6 trillion and add $701 billion to the deficit."