On the recordJuly 12, 2011
9.2 percent unemployment in June. Twenty-nine months in a row of over 8 percent unemployment. Twenty million Americans remain unemployed or underemployed. It has to stop. These are stark reminders that President Obama's excessive spending, unprecedented debt, and overregulation, as well as the threats of job- killing taxes on small businesses and entrepreneurs, are holding back private sector job creation in our economy. American job creators fear the regulatory and fiscal environment they will face in the near future. Until they have some certainty, they will not invest or hire. We are working hard to bring back that certainty and ensure our pro-growth economic environment. By doing that, we must cut red tape, cut spending, and keep taxes low, but also pass legislation to expand domestic energy production and open new markets for American goods overseas. We need President Obama and his party to stop trying to raise taxes on job creators and instead embrace our commonsense proposal to put Americans back to work. ____________________
