Congressman Ben Quayle (R-AZ) released the following statement Friday after the Department of Labor released its June unemployment report:
"June's jobs report is extremely disappointing by any measure. The addition of just 18,000 jobs overall and 57,000 private sector jobs is the latest proof that burdensome regulations, failed stimulus spending and growing levels of debt are hindering economic growth and job creation. With debt ceiling negotiations heating up at the White House, both sides must agree that policies that would do further harm to the economy must be off the table. As Speaker Boehner and Leader Cantor have articulated in recent days, tax hikes will not lead to economic growth, especially during a static recovery.
"These negotiations provide an opportunity for both parties to send a clear signal to financial markets and job creators that America is finally ready to deal with its fiscal problems. We cannot afford to let this opportunity pass us by."