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Speaker Boehner Praises House for Passing Bill to Cut Spending & Give Senator Reid Two More Weeks to Consider H.R. 1
House Speaker John Boehner (R-OH) today praised the House of Representatives for passing a short-term continuing resolution that cuts $4 billion in spending and gives Senate Democrats another two weeks to consider H.R. 1, House-passed legislation that will keep the government funded through September while cutting spending to help create a better environment for job creation:
“Today’s vote by the House gives Senator Reid another two weeks to consider H.R. 1, legislation passed by the House that would fund the government through September while providing billions in spending cuts needed to help create a better environment for job creation. The House approved H.R. 1 ten days ago, but the Senate, unfortunately, has taken no action on H.R. 1 or any other legislation that would keep the government operating for the remainder of the fiscal year. Stopgap measures like the one approved in the House today are only needed because the Democrats who run Washington failed to pass a budget last year and are now failing to listen to the American people who want to keep the government running while cutting spending.
“The Washington spending binge that has left us with fewer jobs and more debt must come to an end, and the onus is on Leader Reid and Senate Democrats now to follow our lead and help make that happen. Noted economists from around the country, including Stanford economist John B. Taylor, agree that spending cuts like those in H.R. 1 will help boost our economy and create new jobs. And so I urge Senator Reid to use this additional time to bring H.R. 1 to a vote – or outline for the American people his plan for cutting spending and keeping the government running.”
NOTE: Stanford economist John B. Taylor released an analysis yesterday that concluded the spending cuts 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.”
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