Congressman Leonard Lance (NJ-7) released the following statement this morning regarding the Department of Labor's unemployment report for March 2012:
"Today's announcement that national unemployment stands at 8.2 percent is obviously disappointing. Our economy remains unacceptably weak. Yet President Obama and Democratic leaders in Washington lack a serious plan to fix our broken economy.
"The fact is it has been more than three years since our Nation has adopted a federal budget blueprint. The U.S. Senate has not passed a budget plan in 1,073 days -- failing to carry out the most fundamental function of governance. And President Obama's last two budgets failed to receive a single vote in either the U.S. House or U.S. Senate respectively because the President's proposals lacked serious solutions to our economic and fiscal problems.
"This fiscal irresponsibility has led to three-plus years of unchecked spending, soaring debt and annual deficits -- resulting in stagnant job growth and further economic uncertainty.
"Only House Republicans under the leadership of Speaker John Boehner have put forth and passed a real and serious budget blueprint that would help America avoid a debt crisis while creating jobs and spurring economic growth. The House-passed budget reduces spending, reforms our tax code, addresses exploding entitlement spending and expands American energy production through projects like the Keystone XL pipeline.
"Without adoption of a real and credible federal budget like the House-passed plan our economy and job-growth will continue to falter."