Statement By Congressman McCaul Following President Obama's Speech On the Economy:

Statement

"The President gave another political speech today but still has not come to the table with a plan or a genuine desire to negotiate. He continues to offer no real specifics expect the same tax and spend approach that has driven our nation into the fiscal hole in which we currently find ourselves. House Republicans are serious about reducing our national debt and deficits which is why on Friday we will vote on a proposal to cut $6.2 trillion in spending over the next decade, preserve and strengthen entitlement programs such as Medicare and Medicaid, and reduce the overall tax burden on American families and businesses so that we can begin to create more jobs and strengthen our economic recovery. I am hopeful the President will stop playing politics and work with Republicans to get serious about reversing our current course."


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