Following another disappointing jobs report and S&;P’s decision on the
United States’ credit rating, Rep.
Michael Grimm (R-NY) urged President Obama in the Weekly Republican
Address to abandon his ‘stimulus’ policies and support solutions that will
promote long-term economic growth -- solutions like a Balanced
Budget Amendment to the Constitution and the House-passed
Path to Prosperity budget which would preserve and protect our entitlement
programs from bankruptcy. Watch the address here
and read more below:
http://youtu.be/uCsp5IXi62Y
- Grimm
says the House has already passed a number bills focused on creating jobs and
paying down our debt, but they “are waiting on action from the Democratic-led
Senate.”
- These solutions include the
House-passed budget which would reform and preserve our entitlement programs
-- which S&P called the “key to long-term fiscal sustainability.”
- Another solution tabled by the Democrat-controlled Senate without a
legitimate debate: the House-passed Cut,
Cap, & Balance Act, which would cut $4.4 trillion in government
spending.
- Speaker
Boehner called the S&P decision “the latest consequence of the
out-of-control spending that has taken place in Washington for decades,” and
said Republicans “will continue to press Democrats to join us in taking
meaningful steps to rein in our debt and deficits.”
- According to analysis
of Friday’s unemployment report by Speaker Boehner’s economic policy
advisor, in the two years after the “stimulus” spending bill was enacted,
more than 1.3 million jobs have been lost and the unemployment rate has
averaged 9.5 percent.
- House Natural Resources Committee Chairman Doc Hastings (R-WA) called
on the White House to help roll back the red tape blocking American energy
production that would create jobs and help lower gas prices.
Don’t forget to watch the weekly
address by Rep. Grimm, and be sure to stay connected with the Office of the
Speaker on Facebook,
Twitter,
Flickr,
and Speaker.gov.
Thank you!
- Speaker Boehner’s Press Office
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