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Need To Know - The Good, The Bad and The Ugly

Press Release

By:
Date:
Location: Washington, DC

Dear Friend,

Last night the president used a nationally televised address to a joint session of Congress to introduce his latest plan for job creation. While I agree with the president that we must get folks back to work, I do not believe that another failed stimulus is the answer.
The Good

President: "This expands on the tax cuts that Democrats and Republicans already passed for this year. If we allow that tax cut to expire…middle-class families will get hit with a tax increase at the worst possible time."

Fact: In a 2008 testimony before the House Budget Committee, Federal Reserve Chairman Ben Bernanke agreed with Republicans, warning that "You would not want to have a net tax increase in the middle of a slowdown."

GOP: Our nation continues to suffer from a serious jobless problem. Republicans believe that we must permanently stop all job-killing tax hikes scheduled to take effect and give small businesses a tax deduction so that they can hire new employees.
The Bad

President: "The purpose of the American Jobs Act is simple: to put more people back to work…"

Fact: In January 2009, the White House promised that their so-called "stimulus" would keep unemployment below 8 percent. However, unemployment has been above 8 percent for 31 months and has averaged 9.4 percent.

GOP: With nearly one in ten Americans out of a job, Republicans believe the fastest way to get people working again is by shrinking the size of the federal government and removing barriers small businesses face from excessive federal regulations.
The Ugly

President: "And everything in this bill will be paid for. Everything."

Fact: The president failed to explain exactly how he would pay for his nearly $450 billion proposal, but said that he would send his plan to the Joint Select Committee on Deficit Reduction, or "super committee," tasked with identifying federal budget savings.

GOP: During a time when the federal deficit is on a path to reach $1.48 trillion, Republicans believe that the federal government must restructure the federal budget by reducing spending, enforcing statutory caps and requiring a Balanced Budget Amendment.

House Republicans have advanced a number of job-creating proposals -- many of which have passed with bipartisan support -- that remain stalled in the Democratic-controlled Senate. I urge the president to support these initiatives which promote private sector growth, decrease job-crushing regulations and boost American-made energy production.

To learn more about what is happening in my congressional office, please join my Facebook, Twitter and YouTube pages.

God bless,


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