FOR IMMEDIATE RELEASE CONTACT: Michael Steel, Kevin Smith
September 8, 2010 (202) 225-4000
President Obama Attacks Boehner Speech He Clearly Hasn’t Read
Posted by Michael Steel on September 08, 2010
Instead of working to help the American people – who are asking, ‘where are the jobs?’ – President Obama flew to Cleveland, Ohio today to attack an economic speech that House Republican Leader Boehner made there on August 24. It probably would have helped if the President (or his aides) had read Boehner’s speech beforehand. Instead, President Obama’s claimed that Republican Leader Boehner’s speech in Cleveland offered no new ideas – which simply isn’t true.
In addition to stopping Washington Democrats’ plan to raise taxes on American families and small businesses on Jan. 1 (and suggesting that the President could use better economic advisors), Boehner’s speech included a number of new policy proposals: repealing the job-killing 1099 provision in ObamaCare, a specific $1.3 trillion spending reduction package put together by Budget Ranking Member Paul Ryan, Rep. Geoff Davis’ ‘REINS Act’ – which would limit the executive branch’s ability to unilaterally impose job-killing regulations, and Ways and Means Committee Ranking Member Dave Camp’s proposal for a small business tax deduction.
Like Sen. Daniel Patrick Moynihan, D-NY, used to say, everyone is entitled to their own opinion, but not their own set of facts.
Excerpts from Boehner’s speech:
“The president’s government takeover of health care is already wreaking havoc on employers and entrepreneurs. This is a law that – upon its enactment – triggered the creation of more than 160 boards, bureaucracies, programs, and commissions. By the end of July, Washington had already racked up nearly 3,833 pages of regulations to direct the law’s implementation.
“One of the new law’s most controversial mandates requires small businesses to report any total purchases that run more than $600.
“If a landscaper wants to buy a new lawnmower, or a restaurant needs a new ice-maker, they have to report that to the feds. If you’re a Mom-and-Pop grocery store, and you buy $1000 worth of merchandise from 15 different vendors, that’s 15 different forms you have to file.
“What is the point of making employers and entrepreneurs spend $17 billion to send all this paperwork to Washington, where it’s going to cost about $10 billion to log it in and file it away? ”
“Republicans on the House Budget Committee, led by Congressman Paul Ryan, have already identified $1.3 trillion in specific spending cuts that could be implemented immediately.
“These are common-sense steps – like canceling unspent ‘stimulus’ and TARP bailout funds – that put the brakes on Washington’s out-of-control spending spree.
“Republicans have also proposed establishing strict budget caps to limit federal spending on an annual basis.
“If we reduce spending from current levels and impose a hard cap on future growth, we can save taxpayers more than $340 billion and we can make sure this is the last Washington spending spree of its kind.
“To restore balance between the federal government and the public sector, Republicans have called for freezing both government pay and government hiring. Instead of growing big-government, let’s focus on growing small businesses. ”
“Last month, as part of our America Speaking Out project, Republican lawmakers met with leaders of America’s employer community to hear their concerns and talk about ways to end this economic uncertainty.
“One of the ideas they mentioned was a freeze on new job-killing federal regulations – just something Washington could do to give them breathing room.
“Right now, Republicans are fighting for common-sense legislation authored by Congressman Geoff Davis of Kentucky that would require congressional approval of any new Executive Branch rule that imposes a cost of $100 million or more on our nation’s economy.
“This initiative would serve as a much-needed restraining order against unelected busybodies and bureaucrats who overstep their boundaries and make it harder to create jobs. ”
“One idea Ways and Means Committee Ranking Republican Dave Camp proposed as part of Republicans’ ‘stimulus’ alternative called for allowing small businesses with fewer than 500 employees to take a tax deduction equal to 20 percent of their income.
“This would free up extra capital for investment and new hiring to jumpstart a robust recovery. It was a better solution then, and it is a better solution now.”