House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the Department of Labor released its jobs report for January:
"The jobs report released this morning by the Bureau of Labor Statistics tells us what we already know: our recovery continues, but there is more Congress must do to help the private sector create job opportunities. With 166,000 private sector jobs added in January, more Americans are getting back to work. Yet too much uncertainty about America's finances and our ability to invest for the future still makes it difficult for the private sector to expand and create jobs that pay well and grow our middle class.
"The best way to end the uncertainty our businesses face is for Congress to achieve a big and balanced solution to deficits. Doing so will also enable us to invest in our future economic competitiveness through education, infrastructure, and innovation. Democrats and Republicans must work together to bring the certainty necessary for business to invest in their own enterprises, unleashing the over $2 trillion in cash on hand sitting on corporate balance sheets today. I urge House Republicans to set partisanship aside and work with Democrats to put fiscal discipline and job creation first so we can move our economy forward and enable more of our people to make it in America."