Posted on 01/26/2010 4:53:47 PM PST by Sub-Driver
Press Releases Contact: Brendan Daly/Nadeam Elshami 202-226-7616 For Immediate Release 01/26/2010 Pelosi: New CBO Report a Reminder of GOP Policies That Led to Millions of Jobs Lost and Record Deficits
Washington, D.C. Speaker Nancy Pelosi issued the following statement on the 10-year budget forecast released today by the Congressional Budget Office (CBO):
Todays CBO report is a clear reminder of the Bush and Republican Congress-era policies that have resulted in the loss of millions of jobs, led to the worst recession since the Great Depression, and turned record surpluses under the Clinton Administration into record deficits.
Since coming to power in January 2007, the New Direction Congress has abided by the strict pay-as-you-go budget rules that created surpluses in the late 1990s and had been cast aside in Washington in recent years. We want to make this standard law by sending Majority Leader Steny Hoyers statutory PAYGO legislation to the Presidents desk, taking a critical step toward ensuring fiscal discipline for the long term.
Last year, Congress not only passed a budget that slashed the projected deficit in half over the next four years, but we also passed spending bills that invest in initiatives that work and include more of the Presidents spending cuts than our Republican predecessors. In the coming days and weeks, we look forward to examining the details of the Presidents proposed spending freeze and budget. We will work together to determine the best path forward for our fiscal health and to grow our economy.
As we keep working to reduce the deficit, we recognize the need to create good-paying jobs and put our economy on the road to recovery. To bring our economy back from the brink, Congress passed the American Recovery and Reinvestment Act funding some 2 million jobs so far, cutting taxes for 95 percent of working Americans, and keeping teachers in our classrooms and police officers and firefighters on our streets. In December, the House approved the Jobs for Main Street Act, increasing credit for small businesses and putting Americans to work rebuilding our roads and bridges and paying for these critical investments by redirecting TARP funds from Wall Street to Main Street.
Years of irresponsible choices along with policies that favored corporate interests over working families will not be reversed in a single month or year. But with smart investments, tough choices, and urgent action, Congress and the President will establish the building blocks for jobs, growth, and opportunity for all Americans.
This woman is shameless and absolutely delusional. Most offensively she thinks the American people are stupid.
“her lips are moving......”
I was thinking the same thing. I saw a graph of the public debt over the last few decades at the CBO website and it goes along rather flat until 2007 when the “D”s took over congress, at that point it starts to skyrocket. They make Republicans look like Scroge.
I forget, who exactly has had responsibility for holding the U.S. purse strings for the last 3 years?
Hey Pelosi, you have been in control of the House since 2006, that is over 3 years now. All them policies that resulted in the loff of millions of jobs can be laid right at Pelosi’s door.
These people blame President Bush for every mess they themsleves make, so if they ever do get anything right, then we can all give Bush the credit for that too!
So much for the “independent” CBO.
I smell your desperation, Nancy and it smells really nasty.
The new Demonrat mantra! Woof, woof, let granny eat dog food...spoof on 'let them eat cake'. obama's war on seniors See the links in post 43-46 and on the last page.
Expanding support for families balancing work with caring for elderly relatives with a $102.5 million Caregiver Initiative adding $52.5 million in funding to Department of Health and Human Services caregiver support programs that provide temporary respite care, counseling, training, and referrals to critical services. The administration says the extra funding will allow nearly 200,000 additional caregivers to be served and 3 million more hours of respite care to be provided. It also adds $50 million to programs that provide transportation help, adult day care, and in-home services, such as aides to help seniors bathe and cook, help which eases the burden for family members and helps seniors stay in their homes.
The Dems were in control from 2006 ... their problem ... not Bush’s regardless of what Barry says ...
Man, she's been hitting the 'Bama Bong hard
because $787 billion in wasted, doomed-to-fail porkulus deficit spending is NOT fiscally responsible, no matter how hard you try to squeeze that term into Newspeak.
.
.
The citizens of America need to be reminded that FOR THE LAST THREE YEARS, the Dems have been in control of BOTH Housed of Congress and for the last year, in control of the White House as well.
Otal tay Itch-bay.
She is a liar.
From Mars to Earth?
Is this Ellie Light?
Have drugs been totally legalized in California? And can I have some of what she’s smoking?
Gah, what an idiot...
Let me respond to that appropriately...
"Bush's Fault", EGPWS (D). ; )
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