Growing our Economy
Growing our Economy April 2011 marked the fourteenth straight month of private sector job growth in America. However, the latest economic data indicates that without a sustained focus on job creation in Washington, unemployment will remain unacceptably high. Unfortunately, since the start of the 112th Congress, the Republican majority has failed to bring forward a single measure aimed at boosting economic growth and creating new jobs. It is time for Congress to renew its commitment to America's economic recovery by passing legislation that will both encourage job creation and reduce our deficit. Our ability to get our fiscal house in order rests very much on our commitment to putting people back to work. Fostering an educated workforce, encouraging scientific innovation, and creating new jobs are critical goals that should never end up on the chopping block. That's why I opposed a 2012 budget put forward by Republicans that authorizes a new, trillion-dollar tax cut for millionaires and billionaires while cutting financial aid for 10 million college students, slashing Medicaid funding for nursing home patients, and eliminating billions of dollars in job-creating scientific research at the National Institutes of Health, National Science Foundation, and the Department of Energy. Nonpartisan economic analysts with Moody's Analytics predict that if passed, this GOP budget would result in 900,000 job losses within a year and 1.7 million job losses by 2014. I support a balanced approach to deficit reduction that eliminates wasteful spending, ends unfair tax giveaways, and prepares America to compete in our ever-changing global economy. You can read more about the budget plan I voted for by clicking here. Creating Jobs: The "Make it in America" Agenda Related Documents:
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Rep. Deutch Hopes Bipartisan Collaboration in Senate on Immigration Carries Over into House
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