Republican Leadership Press Conference
July 12, 2011
Speaker John Boehner (R-OH)
Majority Leader Eric Cantor (R-VA)
Majority Whip Kevin McCarthy (R-CA)
Conference Chairman Jeb Hensarling (R-TX)
Conference Vice Chair Cathy McMorris Rodgers (R-WA)
“The American people know we have a debt crisis not because they are under-taxed; it is because this president and previous Democratic Congresses have spent too much. We look at the government takeover of our healthcare—over a $1 trillion; the president’s failed ‘stimulus’ plan—$1.2 trillion with interest; garden variety government, known as non-defense discretionary [spending], is up 24 percent in just two years, an un-paralleled spending spree that has helped run this economy in the ditch, leaving millions unemployed.
“The president’s answer: let’s raise taxes on job creators. Mr. President, the American people don’t want that. Mr. President, that will not work. Besides tax increases on job creators, we have seen no real plan out of the president. As the head of the Congressional Budget Office has said, we cannot estimate a speech we can only estimate a plan.
“House Republicans have led with a budget that dealt with the debt crisis that this president and the previous Democratic Congress have made far, far worse. 100 percent of the problem is on the spending side, 100 percent of the solution has to come from the spending side.”