Blog Post

The GOP's "So Be It" spending bill would destroy jobs and slow our economic recovery.

In a analysis released today, Mark Zandi, chief economist at Moody's Analytics and former adviser to Sen. John McCain, found that the GOP "So Be It" spending bill will destroy 700,000 jobs and stall our economic recovery.

Democrats are committed to living within our means while investing in the future, cutting the deficit, and continuing to aggressively attack waste, fraud and abuse. The GOP "So Be It" spending bill (H.R. 1) that passed on February 19th fails to meet these goals, and cuts spending on the backs of middle class families.

Leader Pelosi and the House Democratic Steering and Policy Committee are holding a hearing today on creating jobs now in America, protecting the taxpayer, and securing our energy future. The hearing will emphasize actions the 112th Congress should take to create jobs, bolster the middle class, and strengthen our economy through innovation and new clean energy technologies.

Democrats and Republicans must work together to avoid a government shutdown. Americans should not be denied the critical services they have already paid for.

In order to reduce the deficit, Congress passed and the President signed into law $41 billion in cuts included in the current CR that is funding the government.

Tulsa World (Oklahoma):

While several people have noted that media coverage of federal court rulings on challenges to the Affordable Care Act have varied dramatically, today Steve Benen actually calculated that variance:

More than 75,000 of our nation's veterans were homeless in January 2009 and over the course of the year nearly twice that many (136,000) spent at least one night in a homeless shelter.