Kevin Brady: “Sadly, this isn't a jobs bill. This is pork barrel spending wrapped in tax increases and dipped in debt to China, and…”

“Sadly, this isn't a jobs bill. This is pork barrel spending wrapped in tax increases and dipped in debt to China, and the way it treats our local doctors, like beggars, is just shameful. Continuing to tax and spend like we are Greece is not the answer to getting people back to work or to tackling this growing and dangerous debt, especially when you have tax increases that kill jobs for our small businesses, for our real estate, and for our U.S. companies that are trying to compete overseas. This is alarming. Sometime this weekend, America's debt will reach $13 trillion for the first time in our history; $13 trillion. So who is responsible for running up all this debt? A new report by the Joint Economic Committee shows that, since 1946, congressional Democrats have added twice as much to America's debt than have Republicans. They like to blame Bush or Reagan or anyone else for the staggering debt, but they are squarely to blame for generating two-thirds of the Federal debt that American families must now repay through higher taxes or a slower economy, and they're just getting started. Our national debt is 83 percent of our economy. It's whoppingly huge. It's going to grow to over 100 percent under the Obama budget. Unless we stop congressional Democrats and President Obama from spending us even deeper into a hole, future generations of Americans will be dragging an anchor of debt that will drown their dreams and cripple our Nation's prosperity.”