Boehner on Creating a Better Environment for Job Growth: “Where is Senator Reid’s Plan to Cut Spending?”
House Speaker John Boehner (R-OH) released the following statement previewing today’s House vote on yet another measure to keep the government running while cutting spending to help create a better environment for private-sector job growth:
“In order to create a better environment for job creation, we must rein in out-of-control federal spending. Today, House Republicans will pass a responsible bill to keep the government open for two weeks while cutting $4 billion. After initially attacking this plan and opposing any spending cuts, Senator Reid and Senate Democrats have been forced to retreat. As Senator McConnell has said, there is now a clear path to finishing this short-term measure before Friday’s deadline.
“American families are doing more with less; the federal government can do the same. In order to fund the government for the rest of the fiscal year, the burden is on Senate Democrats to explain what they will do next. House Republicans have already passed H.R. 1, a bill to fund the government through the end of September. Yesterday, noted Stanford economist John Taylor said our bill: ‘[W]ill increase economic growth and employment as the federal government begins to put its fiscal house in order.’ The Democratic Senate, by contrast, hasn’t passed anything. Where is Senator Reid's plan to cut spending?”
NOTE: It has been 10 days since the House passed H.R. 1 – legislation that makes common-sense spending cuts and keeps the government running through September – and the Senate still hasn’t passed a bill. In the analysis referenced by Boehner, Stanford economist John B. Taylor argues that spending cuts such as those in H.R. 1 “will increase economic growth and employment as the federal government begins to put its fiscal house in order and encourage job-producing private sector investment.”