Speaker Boehner: “Economy Still Isn’t Creating Enough Jobs”

Jun 3, 2011 11:44am

ABC News’ John R. Parkinson (@JRPabcDC) reports:

House Speaker John Boehner reacted to this morning’s disappointing jobs report, which showed the unemployment rate climb to 9.1 percent and the economy add just 54,000 jobs,  “one look at the jobs report should be enough to show the White House it’s time to get serious about cutting spending and dealing with our ailing economy.”

“It's clear from this morning's jobs report that the economy still isn't creating enough jobs.  You talk to job creators around the country like we have, they'll tell you the overtaxing, overregulating and overspending that's going on here in Washington is creating uncertainty and holding them back,” Boehner, R-Ohio, said. “If we’re serious about creating jobs in America, we can’t raise taxes on the very people who create jobs, and keep spending money that we don’t have.”

“Yesterday, Moody’s reinforced our point that an increase in the debt limit without major spending cuts will hurt our economy and destroy jobs. That’s why we’ve said that spending cuts must accompany any increase in the debt limit,” Boehner added. “This week, House Republicans met with the president, urged him to change course, and to work with us on our plan for new jobs and economic growth in our country. We hope he’ll take us up on our invitation.”

Boehner rejected former Fed Chairman Alan Greenspan’s suggestion that in order to deal with the deficit, a return to Clinton-era tax rates would be a basis for compromise in the deficit reduction negotiations.

“Raising taxes on job creators is exactly the wrong prescription at this point in time. Washington has a spending problem, not a revenue problem,” Boehner said. “Everything is on the table except raising taxes on the very people we expect to create jobs and get our economy growing again.”

Boehner said he agrees with President Obama’s goal to finish a deal to increase the debt limit in the next month, but said in order for negotiators to strike a deal, the president needs to take a “more active role” in the negotiations.

“There’s been a lot of progress that’s been made in the Biden talks, and I think Majority Leader Cantor has done a great job representing our interests in those talks, but if we’re going to meet the President’s goal of trying to get this done by the end of June, it’s time for him to step up and take a more active role,” Boehner said. “He’s had this hands-off approach for the last several months while this conversation has raged on. I just think it’s time for him to take a more active role. If he wants this agreement done by the end of the month, he better get going.”

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