Pelosi Statement on February Jobs Report
San Francisco - Democratic Leader Nancy Pelosi released the following statement today after the Department of Labor announced that the economy added 236,000 jobs in February and the unemployment rate fell to 7.7 percent, the lowest level in four years. With private businesses gaining 246,000 jobs, this marks the 36th consecutive month of private sector growth:
"Today's jobs report is another sign of progress for our economy, our workers, our small businesses, and our middle class - bringing total private sector growth to 6.4 million jobs over the last three years. Yet with every Republican-manufactured crisis, more uncertainty, instability, and insecurity threaten to undermine job creation and stop our recovery in its tracks.
"Our economic growth is now threatened by the indiscriminate, across-the-board spending cuts caused by Republican obstruction. Experts from the non-partisan analysts of the Congressional Budget Office to the Chairman of the Fed tell us that the sequester will cost us 750,000 jobs and slow our economic growth. Meanwhile, Republicans are protecting tax loopholes for corporate jets, outsourcing, millionaires, and billionaires rather than solving problems for the middle class, seniors, students, and military families.
"Democrats know that continued job growth demands a balanced approach to our fiscal and economic challenges. That's why we put forward a fair plan that cuts spending responsibly, ends wasteful tax breaks for special interests, and advances the Buffett rule, ensuring the wealthiest pay their fair share. It's time for Republicans to allow a vote on this proposal and work together to create jobs, grow the economy, strengthen the middle class, and responsibly reduce the deficit."
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BOEHNER STATEMENT ON JOBS REPORT
Speaker Boehner Statement on the February 2013 Unemployment Report
WASHINGTON, DC - House Speaker John Boehner (R-OH) released the following statement regarding the Department of Labor's unemployment report for February 2013:
"Any job creation is positive news, but the fact is unemployment in America is still way above the levels the Obama White House projected when the trillion-dollar stimulus spending bill was enacted, and the federal government's ongoing spending binge has resulted in a debt that exceeds the size of our entire economy. As 180 economists said in a statement this week, our spending-driven deficit threatens our economy, and responsible spending cuts are needed 'to help put the country on a path to a balanced budget within ten years.' And yet there's news today that the president's budget, which is already more than a month late, might slip to April.
"Without a plan to control spending and balance the budget, our national debt will keep piling up on the backs of our children and grandchildren; our most important safety net programs will grow weaker and weaker; and the prospects for long-term economic growth will dim. That's why the House will begin work next week on a budget that offers a better path forward, one focused on more economic growth and more jobs. Our plan will balance the budget within 10 years. And it will lay the groundwork for a fairer, simpler tax code that closes loopholes and lowers rates to help create new jobs, increase wages, and grow our economy long-term. Every family has a stake in this debate. And we hope they'll visit speaker.gov and share their thoughts as we work to address our debt and expand opportunities for all Americans."
NOTE: CQ Roll Call reported today that, "The target date for the White House's proposed fiscal 2014 budget is slipping deeper into April." On Wednesday, Speaker Boehner unveiled a new website where Americans can share their thoughts on the government's spending problem.