Washington, DC – Today, following a review of President Obama’s “American Jobs Act 2011”, Rep. Mike Conaway (R-TX) made the following statement:
“The President’s proposal is a ‘tax and spend’ bill masquerading as jobs legislation. Instead of identifying real saving within our current budget, the President proposed a plan to raise taxes by $460 billion over the next ten years to finance this spending. After the failure of the first stimulus, you would of thought the White House finally got it: ‘permanent taxes for temporary spending’ does nothing to create jobs.
