Dan Quayle: “A little more than a week ago this House passed a continuing resolution with $100 billion in spending cuts. Not only was…”

“A little more than a week ago this House passed a continuing resolution with $100 billion in spending cuts. Not only was this an important step towards reining in our Nation's paralyzing deficits, it also sent a clear signal to job creators that House Republicans are determined to foster an economic environment where certainty and confidence can return to the marketplace. When a young family looks for a new neighborhood, they examine a variety of factors. They might ask about how safe it is. They might want to know about the school system or whether their neighbors are friendly. The broader question being: What is the environment like? Job creators take a similar approach when they decide whether it's safe to invest capital, expand their businesses, and hire new workers in America. Just as a family is not going to choose a neighborhood with overflowing sewers and a high crime rate, a business owner is not going to expand and invest in an economic environment marred by debt-fueled uncertainty that will increase the costs to run their business. After all, deficits are just deferred tax payments that eventually come due. We must ensure that America is the most attractive and safest place to start a business, take risks, and invest capital. It is essential that we send a clear signal to American businesses that both parties are committed to removing the barriers to job growth and economic development.”