[Congressional Record Volume 159, Number 48 (Thursday, April 11, 2013)]
[House]
[Page H1920]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE ECONOMIC IMPACT OF THE PRESIDENT'S PROPOSED BUDGET
(Mr. PITTENGER asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. PITTENGER. Mr. Speaker, there is much that could be said about
the President's proposed budget, but I think ordinary taxpayers need to
know its impact on jobs and the economy.
Economists and national accounting firms have stated that the tax
increases that President Obama pushed through in January have slowed
the economy and contributed to a loss of 24,000 retail jobs in March,
part of a very dismal jobs report. When consumers have less money in
their pockets, the inevitable results in fewer jobs.
Apparently, President Obama has not learned from his mistake. His
budget contains almost $600 billion in even more new taxes. At a time
when millions of Americans are giving up hope of finding jobs and are
exiting the workforce, President Obama's budget will only inflict more
pain on ordinary families.
House Republicans have passed a responsible budget that leads to
balance while also preserving Social Security and Medicare. Let's work
together for fiscally accountable government that will help restore
jobs to American families.
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