Washington, D.C. - As negotiations over the issue of debt and spending continue, Congressman Tim Walberg released the following statement:

“The President’s stubborn insistence on raising taxes during a tough economic time is wrongheaded.  We are still in the midst of one of the worst recessions in a generation because of the government’s constant threat of the trifecta of higher taxes, excessive regulations, and runaway spending.  Last week’s Labor Department report showed more than 14 million Americans are unemployed, the highest number this year, and many are asking where are the President’s promised jobs.   Mr. President, I have the answer, and it’s found in releasing the constraints on the American people and their exceptionalism.Tax increases cost jobs.  A serious proposal to get our economy back on track cannot include more taxes for jobs to be created.”