U.S. Representative Kristi Noem (R-SD) offered the following statement on the second anniversary of President Barack Obama signing the trillion-dollar stimulus bill.
"We were promised the national unemployment rate wouldn't go above 8 percent and we were promised 10,000 new jobs in South Dakota through the so-called stimulus bill. Instead, the national unemployment rate has remained above 9 percent for 20 consecutive months, and South Dakota lost jobs," said Noem.
"Two years later, the so-called stimulus can be labeled as nothing other than a failure. We are further in debt and we have yet another example of how government spending cannot create private sector jobs over the long term," said Noem.
"I am committed to cutting wasteful spending and giving our small businesses the regulatory and tax certainty they need to expand and hire new workers. It is appropriate that on the two year anniversary of the failed stimulus, the new House majority is working on a bill that cuts more than $100 billion to get us back to pre-stimulus spending levels," said Noem.