House Republican Conference Chairman Mike Pence published an op/ed in the Kansas City Star yesterday. Please read it here:
President Barack Obama traveled the Midwest this week to talk about his ideas for how to grow the economy and create jobs.
However, the president's own policies, as enacted by the Democrat Congress over the past year, only continue to hurt the economy and force American small businesses to lay off workers.
In an effort to get America back to work, the Democrat-controlled Congress passed and President Obama signed, a nearly $800 billion stimulus bill that they said would keep unemployment under 8 percent. However, since the stimulus was passed we have lost 4 million jobs and unemployment is hovering around 10 percent.
Likewise, the President said his government-run health care plan would lower the costs of health care. Just last week, however, the president's own analysts issued a report, concluding that his plan would spend $311 billion more on health care under the new law than we would without it.
The same analysts concluded that ObamaCare would also jeopardize medical care for seniors, specifically placing 50 percent of seniors on Medicare Advantage at risk of losing their plans. It would also crush state budgets through unfunded mandates and kill jobs by imposing unwanted mandates on small businesses.
The administration continues to push regulation of the financial services sector, a goal shared by Republicans in order to prevent another financial meltdown. However, the president's plan would lead to further layoffs by restricting credit to working Americans and making permanent the failed policy of taxpayer-funded bailouts for Wall Street.