House Committee on Education and Labor
U.S. House of Representatives
Republicans
Rep. Howard P. “Buck” McKeon
Ranking Member
Fiscally responsible reforms for students, workers and retirees.
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Blog
March Jobs Report
This morning, the Department of Labor reported that the U.S. economy shed 80,000 jobs in the month of March, while the unemployment rate ticked up to 5.1 percent (from 4.8 percent last month). It's clear that the economy is slowing and American families and small businesses are feeling the pinch. Although an important step was taken with the economic stimulus package passed earlier this year, Republicans believe Congress must remain vigilant in fostering pro-growth policies that will spur job creation. This means rejecting burdensome red tape and bureaucratic regulations that stifle economic innovation, maintaining fiscal responsibility in Washington, and avoiding tax increases on families and small businesses. In a time of economic uncertainty, the last thing the country needs is the threat of the largest tax hike in American history. Yet that's exactly what the Democrats have proposed with their FY 2009 budget. Today's jobs report should serve as a stark reminder that America's economy needs pro-growth policies, not more of the Democrats' tired tax-and-spend agenda.
| Posted by Press Staff (04-04-2008, 04:55 PM) filed under Jobs and Job Training |
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