Aug 11, 2010
Congressman John Boehner (R-West Chester) today responded to an attempt by Vice President Joe Biden’s chief economist to use Butler County, Ohio to argue that President Obama’s “stimulus” spending policies are succeeding in lowering unemployment and creating millions of new private sector jobs across the nation, as promised by the president and his advisors when the trillion-dollar spending bill was signed into law in February 2009:
“The people of my district are looking at President Obama’s ‘stimulus’ policies and asking a simple question: where are the jobs? The fact is, the president’s ‘stimulus’ spending spree is not delivering the results he promised it would, whether you’re looking in Ohio or anywhere else in America. A nation in our fiscal condition should be spending less, not more – and we certainly shouldn’t be hitting small businesses with a job-killing tax increase at the end of this year, as the president has proposed.”
Boehner noted that as of June 2010, the unemployment rate in Butler County was 10.1 percent, and was 10.5 percent in Ohio overall. He noted that more than 130,000 jobs have been lost in Ohio since February 2009, when the president’s “stimulus” spending bill became law.
“Small businesses are the engine of job creation in America, and under President Obama’s tax hike, 50 percent of the small business income in America will be hit with higher taxes on January 1, 2011. I hope Vice President Biden’s economist today will provide the people of the Eighth Congressional District with an explanation of how raising taxes on small businesses will do anything but further hinder job creation in Ohio and across the country.”
Boehner also noted the national debt has exploded to $13 trillion under President Obama, warning that the president’s tax hike will further slow the economy.
“We will not fix the deficit until we cut spending and have real economic growth – and we won’t have real economic growth if we keep raising taxes on small businesses,” Boehner said. “The American people want President Obama to stop the spending spree and stop the tax hike. Today’s action by the White House demonstrates that the administration just doesn’t get it.”
House Republicans have proposed $1.3 trillion in immediate spending cuts to begin putting the nation back on a path to fiscal discipline.