October 23, 2011 Posted by Speaker Boehner’s Press Office Permalink
More ‘Stimulus’ Spending is No Substitute for Pro-Growth Policies That Help Create Jobs
- Republicans, as promised, continue to act on portions of the president’s economic proposals. But more ‘stimulus’ spending is no substitute for Republicans’ pro-growth jobs plan which will help build a lasting environment for private-sector job creation. Learn more about it here.
- This week, the House will vote on another bipartisan element of the president’s plan: repealing the IRS three percent withholding tax.
- The Ohio Manufacturers Association called on the Senate to approve the House-passed TRAIN Act, bipartisan legislation stopping new government regulations that threaten to destroy hundreds of thousands of jobs and raise energy prices on families and small businesses.
- Here’s a closer look at some of the House-passed bills still stuck in the Senate — jobs bills that stop excessive government regulations, expand American energy production, and more.
The ‘Stimulus’ Didn’t Work Last Time & More “Short-Term” Policies Won’t Work This Time
- Republicans agree with parts of the president’s jobs plan and are working to enact them into law. But other aspects are a rehash of the last failed ‘stimulus’ spending plan. Here’s a look.
- FactCheck.org caught President Obama exaggerating the impact of his new ‘stimulus’ plan. Remember, the White House predicted the last “stimulus” would keep the unemployment rate below eight percent; instead, we’ve lost 1.2 million jobs since it was enacted in 2009.
- Peter Orszag, former Office of Management & Budget (OMB) Director, admits “the Obama stimulus program” in 2009 “was absolutely wrong in structure,” casting doubt on the need for more of the same.
- Another former White House advisor, Austin Goolsbee, says he wouldn’t support more “short-run stuff” either like the “cash for clunkers” program.
- Stanford economist John B. Taylor says more temporary measures like those proposed by the president “will not jump-start the recovery, which is what is needed to really reduce unemployment.”
– Speaker Boehner’s Press Office