Straight Talk: January Jobs Report, Upcoming 1099 Hearing and More

Statement

Friends:

Earlier today, the U.S. Department of Labor released the latest unemployment report for January. The results are mixed; the unemployment rate fell to 9 percent, but 13.86 million Americans are still out of work.

Generating jobs is one of our nation's greatest challenges these days -- only 36,000 jobs were created in January. We can do better, but not through the Administration's plans for more stimulus spending and debt. That didn't work before, and it won't work now.

The entrepreneurs who can pull our nation out of this unemployment rut need to see a return to fiscal sanity in Washington before they can create jobs and reinvest in our economy - that's why my colleagues and I are fighting to cut up the credit cards and rein in the unsustainable federal spending binge. American families and business owners have been dealing with instability and uncertainty for far too long -- it's time to get a lasting recovery underway.

Sam Graves
Chairman

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