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Latest GDP Report: An "Indictment" of Obama's Economic Policie


Location: Washington, DC

Congressman Tom Price, M.D. (GA-06) issued the following statement after the Department of Commerce released its GDP report showing the nation's economy shrank by 1 percent in the first quarter of this year.

"Today's GDP report is just the latest indictment of the Obama Administration's horribly misguided economic policies. It represents the tragic reality for so many families in cities and towns all across this great country. Folks are struggling to make ends meet, and President Obama and his allies in Washington are seemingly ambivalent to how their liberal agenda is doing real harm to real people.

"House Republicans have given our colleagues on the other side of the aisle ample opportunity to do right by the American people. We've sent legislation over to the Senate with a broad range of solutions that would help reinvigorate and reinforce our nation's entrepreneurial spirit. We've given the president and his administration every chance to approve the Keystone XL Pipeline that would put folks to work in support of a greater American energy future.

"All we get is an absence of leadership from President Obama and a lack of initiative by Senate Democrats. Their inaction is inexcusable. The American people shouldn't be asked to accept it or this dismal economic reality. House Republicans will keep fighting for a plan that offers a brighter future with more opportunity for more Americans to pursue their dreams."

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