Friday, February 13, 2009

Foxx On Stimulus Bill - "We Can Do Better"

Foxx statement on final stimulus vote
“We can do better.”

WASHINGTON, D.C. – Congresswoman Virginia Foxx (NC-05) released the following statement today after the passage of the ‘stimulus’ package:

“America faces great economic challenges and Congress must take decisive action to stem this economic tide,” Foxx said. “And yet in the face of these challenges Congress has passed a bill that will not effectively help our economy. We can do better.”

“This stimulus bill is generational theft—passing on a record-breaking pile of debt to the next generation. Instead of targeting the real sources of job creation, America’s small businesses and entrepreneurs, this legislation is honeycombed with pet projects to satisfy liberal special interests.”

“We can do better. Americans are hurting and runaway government spending is not the only thing that can fix this recession. A fast-acting and job-creating tax cut-based alternative that I voted for would have created twice the jobs at half the cost.”

“Attempting to borrow and spend our way to prosperity is failed policy. We can do better.”

“Today it saddens me that I cannot support this highly flawed stimulus package. Thanks to an opaque legislative process, we have had fewer than 12 hours to review the final legislation that runs to more than 1,000 pages. Very strong and viable compromises have been ignored. We could have done better.”

No comments: