A Balanced Budget Amendment: Removing Barriers to Jobs, Creating Barriers to Debt

http://youtu.be/cPQb3WWn6p8

September 6, 2011 | Posted by Speaker Boehner's Press Office | Permalink

In the Weekly Republican Address, Rep. Bob Goodlatte (R-VA) makes the case for a Balanced Budget Amendment which “would ensure spending cuts made today don’t easily disappear tomorrow” – and that “means more certainty for the private sector and a better environment for job creation.” Watch the address by Rep. Goodlatte and read more below: Republicans Are Working to Remove Barriers to Job Creation & Economic Growth Rep. Goodlatte called on President Obama to back a Balanced Budget Amendment in his speech to Congress this Thursday, and said it is time to focus on “removing barriers to job creation and creating barriers to debt creation” so “we can get our economy back on track.” Goodlatte highlighted the new website GOP.gov/balancethebudget and noted that Republicans will be using #BBA4Jobs to discuss a Balanced Budget Amendment on Twitter. Republicans are also working to rein in excessive federal regulations holding back job growth. Unnecessary regulations written by unelected bureaucrats mean big costs for small businesses, and fewer jobs and higher prices for families. The Wall Street Journal says the Obama Administration “understates the costs” of federal restrictions and red tape. The number of new Washington regulations with a major economic impact has increased by nearly 15 percent this year. Learn more about the Republican blueprint for job creation at Jobs.GOP.Gov. Bleak Jobs Report Highlights the Need to Rein in Washington Spending, Taxing, & Regulating The need to stop Washington from spending money it doesn’t have and rein in excessive regulations couldn’t be clearer after the Department of Labor reported zero net new jobs were created in August. More than 1.4 million jobs have been lost since the “stimulus” was enacted and unemployment has averaged 9.4 percent (exceeding nine percent 26 of the past 28 months). The non-partisan Congressional Budget Office (CBO) estimates the unemployment rate could stay above 8 percent until 2014. Remember, the Obama Administration promised its “stimulus” spending binge would keep the unemployment rate below 8 percent. Unfortunately, the Democrats running Washington are pushing more of the same: excessive government regulations, higher taxes on job creators, and more “stimulus” spending. Don’t forget to watch the weekly Republican address by Rep. Goodlatte, and be sure to stay connected with the Office of the Speaker on Facebook, Twitter, Flickr, YouTube, and Speaker.gov. Thank you! - Speaker Boehner’s Press Office