Earlier today, the Department of Labor announced that the economy added 236,000 jobs in February and the unemployment rate fell to 7.7 percent, the lowest level in four years. U.S. Rep. Debbie Wasserman Schultz (FL-23) released the following statement:
"Today's jobs report is encouraging news for our economy. We now have the lowest unemployment rate that we've had in four years, and by adding 236,000 jobs in February, we have had 36 straight months of private sector job growth leading to 6.35 million jobs created in that time. With these positive signs of progress, we cannot afford to put our recovering economy at risk with dramatic across-the-board, indiscriminate budget cuts that reduce critical investments in small business, health care, medical research, education and child care assistance.
"These damaging cuts are going forward because Republicans in Congress have blocked a balanced, responsible plan to replace these cuts. Democrats have offered a fair plan that cuts spending responsibly, ends tax breaks for special interests, and ensures the wealthiest among us pay their fair share. We must come together at the negotiating table to stop these mindless, indiscriminate cuts that will hurt America's middle class and put forth a plan which creates jobs, strengthens the middle class, grows our economy, all while reducing the deficit."