On the recordMarch 1, 2011
The time to govern is now. The reckless continuing resolution that Republicans passed 2 weeks ago is an abject failure of leadership. In the race for ever-increasing and arbitrary cuts, they demonstrated on a party-line vote that they know the cost of everything and the value of nothing. Moody's Analytics said their approach would cost 700,000 jobs. The Economic Policy Institute said it would cost 800,000 jobs. Goldman Sachs said it would lower economic growth by 2 percent and increase unemployment by 1 percent. Even the conservative Club for Growth called it a mistake, stating, ``Cutting spending is important, but economic growth is even more important.'' Mr. Speaker, I ask that all of us, Republicans and Democrats, negotiate in good faith, in a bipartisan manner to pass a fiscally responsible CR that reduces deficits without sacrificing economic growth, that prioritizes investments in our economy that support American competitiveness without costing jobs. Let's pass a continuing resolution that strengthens the economy and creates jobs for all Americans.
