Lummis: Same Old Stimulus, Same Old Story

Press Release

Lummis: Same Old Stimulus, Same Old Story

U.S. Representative Cynthia Lummis, R-Wyo., voted against the ‘negotiated' economic stimulus package by saying she believes the bill will only stimulate the size of government, not the economy or job growth.

"Millions of American families are hurting because of the economic downturn," Lummis said. "They need help and so does our economy. But this so-called economic stimulus package is not the solution. It's simply a wish list of big government spending that will not stimulate the economy.

"To make matters worse, Congressional leaders cut back on tax relief to pay for more government spending. People in Wyoming are calling for more tax relief, not less. The answer to our economic troubles is a combination of pro-growth tax cuts and cuts to government spending. It isn't rocket science; it is plain old Wyoming common sense."

"While there are a variety of programs in this stimulus package that I could support on their own merits, I hope to consider them in next year's budget, and not in a stimulus free-for-all, like the one just passed by Congress."

The bill, H.R. 1, totals $792 billion in new spending and tax provisions. The final cost is $30 billion less than the House-passed bill and $49 billion less than the Senate bill. In order to reach this level, the conference report reduces a number of tax relief provisions - including President Obama's "Making Work Pay Tax Credit" and an important tax benefit for companies with current losses.

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