Congressman Kevin Brady, Representing Texas' 8th Congressional District
  For Immediate Release  
February 17, 2011

 

What did the American People get from Two Years of Stimulus
2.2 million private sector payroll jobs lost and more debt, says House Economic Leader

Washington, D.C. - Washington, DC -- President Obama's Stimulus celebrates a dubious two-year anniversary today, but the question bears asking "What did the American people get from two years of Stimulus?" U.S. Congressman Kevin Brady (R-Texas), the Vice Chair-designate of the Joint Economic Committee and a senior member of the House Ways & Means Committee, says the answer is more debt and fewer jobs.

"Since the Stimulus Plan was signed into law, our economy has lost 2.2 million private sector payroll jobs. Instead of creating or saving millions of jobs, we have had an unemployment rate at or above 9% for 21 months and our national debt is over $14 trillion and climbing. While Washington Democrats were on a spending spree, our job creators struggled under the weight of new taxes and regulations. The American economy wants to bounce back and it will once we remove the paralyzing uncertainty of more Washington spending and interference."

 
###

 

Return to Press Releases