On the recordMarch 11, 2011
Last week, we saw real signs of economic recovery when the unemployment rate dropped below 9 percent for the first time in 2 years. This is encouraging news, but we still have a long way to go to promote private sector growth. The Republicans are digging their heels in on billions of dollars of reckless cuts that threaten our economic growth and put 700,000 American jobs at risk. We agree that spending cuts are necessary to reduce the deficit. This is not about whether to cut or not. This is about where to cut, how much to cut, and how fast to cut. The Republican agenda threatens our core obligations to our seniors, to our safety, and to our future. We need disciplined budgeting. We need targeted cuts that won't hurt our economy. And we need strategic investments to make America competitive for future generations. Republicans are putting partisan politics ahead of American priorities. Instead of enacting job-destroying cuts, we should be focusing on job creation and sound budgeting. Enough is enough. It's time to get serious and pass a responsible spending plan that grows the economy and invests in the future.
