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Pete Sessions Statement on Third Anniversary of "Stimulus"


Location: Washington, DC

U.S. Congressman Pete Sessions (R-TX-Dallas), a Member of House Republican Leadership, today released the following statement regarding the third anniversary of President Obama signing the "stimulus" package into law:

"Tomorrow's anniversary of the so-called "stimulus' serves as a reminder that President Obama's policies have failed to fix our broken economy and are making it worse. Three years later, the American people are struggling to make ends meet and are still waiting for the promised results of the massive $1.2 trillion spending binge.

"Although hardworking families and small businesses were told that the "stimulus' would keep the unemployment rate from exceeding 8 percent, the sales pitch has proven to be empty political rhetoric. Since its enactment, our unemployment rate has been above 8 percent for 36 consecutive months -- the longest period of high unemployment since the Great Depression.

"Unfortunately for the American people, the Obama Administration continues to push for more of its failed spend, tax and borrow policies in an attempt to grow the size of government. Just this week, President Obama unveiled his budget blueprint for fiscal year 2013 which amounts to a $1.9 trillion tax increase on job creators and American families, and $47 trillion of new government spending over the next ten years.

"During this continued period of economic distress, the American people deserve solutions that reduce wasteful government spending so that our children and grandchildren are not left with the burden of our spending-driven debt crisis. House Republicans stand ready to work with President Obama and Senate Democrats on taking our country in a new direction by pursuing pro-growth policies that will provide real relief for American families."

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