A Call On Obama To Restore Fiscal Discipline In Washington
by John Cornyn on December 8, 2009 at 11:11 AM
The President promised the American people that his trillion dollar stimulus bill would keep unemployment below 8%. Now, with unemployment at 10%, the President proposes another special interest slush fund using ‘savings’ from the TARP program. This is absurd. TARP should be shut down as soon as possible and any unused funds should be returned to taxpayers by reducing our $1.4 trillion deficit. If the President truly wants to encourage the private sector to begin hiring, he should restore fiscal discipline in Washington, and abandon job-killing initiatives, including the Reid health care bill, that will increase taxes, spending, and bureaucratic red tape.