Economy and Jobs
Economic success stems from limited government and expanded freedom. For years, President Obama’s agenda has destroyed jobs and taken more money out of hard earned paychecks. His Administration continues to portray an outlook that our economy is recovering. Although our unemployment rate is decreasing, it is clear that the President’s failed policies and broken promises are not helping Americans find employment, but simply growing our national debt.
In order to increase national employment and put our economy back on the path to prosperity, our nation must maintain a strong right-to-work workforce. South Carolina’s positive pro-business environment proves that these policies will create jobs and bring success. I believe we should provide broad, growth-oriented, permanent incentives for economic activity across all sectors and industries, with immediate application and sustained, long-term implications. This will ensure that Washington takes a back seat to Main Street and job creators are empowered to do what they do best—create jobs. Small businesses, which are America’s job creators, deserve positive encouragement.
House Republicans know what it takes to get our economy moving again, which is why we have passed over 40 job-creating bills this Congress. Unfortunately, a majority of these pieces of legislation remain stalled in the Senate graveyard awaiting action.
I believe in the power and promise of the American people to do what is necessary to rebuild our economy and to make it stronger. The government, for its part, needs to be bold but also precise. Our economy will recover, so we must prepare for that recovery by avoiding actions today that could lead to hyperinflation, high interest rates, and higher taxes in the future.
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More on Economy and Jobs
Last week, the House of Representatives passed a measure to fund the government for the rest of the fiscal year and cut $61 billion in the process. The bill was considered under an open amendment process, and there were hundreds of amendments offered and over a hundred votes cast over the span of a week. This after-action report will look solely at the Congressional appetite to cut spending.
Congressman Joe Wilson (SC-02) released the following statement after the House passage of H.R. 1, which cuts government spending by $100 Billion compared to the President’s budget request for 2011:
"This week, the House passed one of the largest spending reductions in American history in H.R. 1. This legislation will save hard-working taxpayers $100 Billion dollars. I would like to thank both the House Republican Leadership and the conservative freshman class for following through on our Pledge to America.
Congressman Joe Wilson (SC-02) and Congressman Jeff Duncan (SC-03) released the following statements regarding the recent announcement that the TTX Company added 200 new jobs to the area:
Congressman Joe Wilson (SC-02) issued the following statement in response to the release of President Obama’s FY2012 budget proposal: