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Last week, the U.S.
Department of Labor announced that the unemployment rate dipped to 9.1% in
July—put simply, this economy is growing too slowly to replace the millions of
jobs that have been lost. Job creators across the country are telling us that
government taxes too much, regulates too much, and spends too much to give them
the confidence they need to hire new employees. House Republicans have listened
and we’ve acted to block the president’s call for new tax hikes, to roll back
unnecessary regulations, and to force a historic debate on the ultimate solution
to our debt crisis, the Balanced Budget Amendment, which will be voted on before
the end of this year.
The nation’s worst unemployment streak since the Great Depression is just one sign that President Obama has taken our country down the wrong path. The Misery Index is sky high while new entrepreneurship is at a 17-year low. It takes longer than ever for out-of-work Americans to find new work—40 weeks—while nearly one in seven people are on food stamps. It’s no surprise that consumer spending recently declined for the first time in nearly two years, further hampering private sector growth.
Job creation depends squarely on the confidence of job creators. As long as we keep borrowing 42 cents on the dollar, much of it from the Chinese, and sending the bill to our children and grandchildren, our debt will grow and confidence will shrink. For a permanent cure to Washington’s spending disease we don’t need higher taxes in a so-called ‘balanced’ approach, we need a balanced budget.
I remain committed to fighting for the Balanced Budget Amendment to the Constitution in order to bring back jobs, hope, and opportunity for the America people. The stakes could not be any higher for our nation and our future, which is why I ask that you join my effort and voice your support for this essential addition to our Constitution.
Yours respectfully,
Jeb Hensarling
Member of Congress
www.hensarling.house.gov
(202) 225-3484 – DC
(903) 675-8288 – Athens
(214) 349-9996 – Dallas
Visit my YouTube page
View my Facebook page
Follow me on Twitter
The nation’s worst unemployment streak since the Great Depression is just one sign that President Obama has taken our country down the wrong path. The Misery Index is sky high while new entrepreneurship is at a 17-year low. It takes longer than ever for out-of-work Americans to find new work—40 weeks—while nearly one in seven people are on food stamps. It’s no surprise that consumer spending recently declined for the first time in nearly two years, further hampering private sector growth.
Job creation depends squarely on the confidence of job creators. As long as we keep borrowing 42 cents on the dollar, much of it from the Chinese, and sending the bill to our children and grandchildren, our debt will grow and confidence will shrink. For a permanent cure to Washington’s spending disease we don’t need higher taxes in a so-called ‘balanced’ approach, we need a balanced budget.
I remain committed to fighting for the Balanced Budget Amendment to the Constitution in order to bring back jobs, hope, and opportunity for the America people. The stakes could not be any higher for our nation and our future, which is why I ask that you join my effort and voice your support for this essential addition to our Constitution.
Yours respectfully,
Jeb Hensarling
Member of Congress
www.hensarling.house.gov
(202) 225-3484 – DC
(903) 675-8288 – Athens
(214) 349-9996 – Dallas
Visit my YouTube page
View my Facebook page
Follow me on Twitter
