Cassidy On Jobs Report: President Should Consider Republican Solutions
Press Release
Today, Congressman Bill Cassidy (R-Baton Rouge) issued the following statement after the Department of Labor released its monthly employment report showing that the economy lost 539,000 jobs in April, raising the national unemployment rate to 8.9 percent:
"If the stimulus package had been the timely, targeted, and temporary economic stimulus plan the economy needs, perhaps we'd have gotten better news this morning. Unfortunately, it wasn't, and the non-partisan Congressional Budget Office predicts that it will reduce GDP in 10 years."
"Clearly, the President's agenda has not jolted the economy back to life in the near term, as we were told it would. To help the roughly 2.5 million Americans who have lost their jobs since he took office, the President should consider the numerous alternative solutions Republicans have proposed to jumpstart the economy."
Since taking office, the President has said "No" to numerous common sense economic solutions proposed by Cassidy and House Republicans, including:
The No-Cost Stimulus Act (H.R. 1431), a plan to strengthen America's energy security, grow GDP by $10 trillion, and create an estimated 2 million jobs by repealing certain restrictions on the utilization of American energy resources.
The Economic Recovery and Middle-Class Tax Relief Act of 2009 (H.R. 470), an alternative stimulus package featuring broad and targeted tax relief designed to jumpstart consumer spending;
The House Republican Economic Recovery Plan, an alternative economic stimulus proposal providing tax relief for working families, assistance to small businesses, aid for the uninsured, and measures to stabilize the housing market;
The Savings Recovery Act (H.R. 2021), legislation to help restore and build savings through assistance for students, seniors, and families; and
The Responsible Homeowner Act (H.R. 1903), legislation aimed at rejuvenating the housing market through targeted incentives and homeowner assistance.
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