WASHINGTON – U.S. Congressman Jeb Hensarling (R-TX), Chairman of the House Republican Conference and co-chairman of the Joint Select Committee on Deficit Reduction, issued the following statement today in response to President Obama’s speech at Eastfield College in Rep. Hensarling’s district.
“While I would have liked to have been at Eastfield College today to welcome the president personally, I would have offered less welcome to his latest economic plan.
“We’ve got to quit spending money we don’t have for jobs we never get. House Republicans have a different plan. Number one, we put forward a budget that leads us to fiscal sustainability and eventually a balanced budget.
“Second of all, we prevent all the president’s job killing tax increases and we make the tax code fairer, flatter, simpler and more competitive to create jobs.
“Next, we have jobs bills stacked up in the Democratic-controlled United States Senate like cordwood—a lot of them aimed at trying to reduce the regulatory burden on our job creators. But unfortunately, we can’t get any support from our president, and we can’t get any support from Harry Reid.
“We’re not suffering so much from a lack of capital in our economy, it’s a lack of confidence and that lack of confidence, frankly, is in a lot of the policies of the president.”