U.S. Senate Republican Leader Mitch McConnell made the following statement Monday regarding the administration's latest stimulus and tax hike proposal for infrastructure spending:
"After the administration pledged that a trillion dollars in borrowed stimulus money would create 4 million jobs and keep the unemployment rate under 8 percent, their latest plan for another stimulus should be met with justifiable skepticism. After failing to deliver on their economic promises for more than 18 months, the administration wants to do it again--this time with higher taxes for even more new spending.
"Americans are rightly skeptical about Washington Democrats asking for more of their money--and their patience; after all, they're still looking for the "shovel-ready' jobs they were promised more than a year ago. A last-minute, cobbled-together stimulus bill with more than $50 billion in new tax hikes will not reverse the complete lack of confidence Americans have in Washington Democrats' ability to help this economy."