Read the statements issued by Iowa’s congressional delegation after President Obama’s “Jobs” speech:
Senator Chuck Grassley tonight released the following statement after the President’s speech before a Joint Session of Congress.
“What the President’s saying is more of the same, especially with what was in the stimulus bill. That massive government spending bill passed two years ago, right after the President took office, and was touted by the administration as a way to keep unemployment below eight percent, which it hasn’t by a long shot. When we’ve tested something like that, and it failed, we need to try something new. That something new would be to remove the tremendous anxiety that Congress, the President and Washington lately are creating for employers throughout America, in businesses small and big. Employers don’t know what’s coming next in the way of regulations and higher taxes. As a result, they’re understandably reluctant to spend the trillion dollars that’s now sitting in corporate treasuries. The cash flow of small businesses needs to be protected, or they can’t hire anybody new. We’ve got to free up that corporate money and the entrepreneurial spirit to create economic activity and jobs.