Speaker Pelosi Blasts Boehner Economic Plan

By John R Parkinson

Aug 24, 2010 3:06pm

ABC News’ John R. Parkinson reports:


Speaker of the House Nancy Pelosi summed up House Minority Leader John Boehner’s economic speech in Cleveland this morning as a return to the same failed economic policies imposed by a Republican-controlled Congress and the Bush administration that led to the economic crisis.


“Today, House Republican Leader John Boehner did the public a favor by revealing the Republican plan to return to the failed Bush economic policies that produced a deep recession, record deficits, a loss of 8 million jobs and an unprecedented financial crisis,” Pelosi said in a paper statement. “America must continue to move forward in a new direction, not back to the ‘exact same agenda’ of the Bush years.”


This morning, Boehner, R-OH, delivered a speech to the City Club of Cleveland, outlining the his economic platform heading into this fall’s midterm elections and calling on Congress to extend the Bush-era tax cuts before they expire at the end of this year.


“President Obama should announce he will not carry out his plan to impose job-killing tax hikes on families and small businesses,” Boehner said. “Unless Congress acts, virtually every American will see their taxes go up on January 1, 2011.”


Pelosi, D-Calif., disagreed with that assessment, contending that the White House’s proposed budget for the 2011 fiscal year would not change tax rates for “98 percent of American families and about 97 percent of small businesses.”


The speaker also criticized Boehner for a 2009 vote where he and the majority of House Republicans opposed new regulations to U.S. food supplies. As justification for new regulations, Pelosi cited the recent salmonella threat to eggs and meat, which initiated a recall of more than 500 million eggs and 380,000 lbs of deli meat.


Pelosi suggested the minority leader’s opposition to new regulations is in lockstep with GOP opposition to other regulations recently passed in Congress, such as Wall Street reform, consumer protection and cracking down on the oil and insurance industries.


“Democrats will not allow the scare tactics and empty rhetoric of Leader Boehner and his Republican colleagues to go unanswered,” Pelosi said. “We must keep moving America forward, not back to failed Bush economic policies, which is all Mr. Boehner proposed this morning.”


–John R. Parkinson

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