Murkowski to Pres. Obama’s American Jobs Act: “The President Offered Us Nothing New”
After President Obama revealed his solution to the increasing rate of unemployment in the US, the American Jobs Act, Alaskan Senator Lisa Murkowski shared her personal remark saying that the “President offered us nothing new” and that “he’s reheating the same failed ideas.”
“President Obama spent a lot of time sharing his plan with the country, but there was one thing you didn’t hear: the word ‘stimulus.’ Although the plan we heard tonight sounds a lot like a replay of his 2009 stimulus bill, even the President has now come to realize what Americans have known for some time, it simply didn’t work,” says Murkowski. “$800 billion in federal spending got us where we are today – 9.1% unemployment, stagnant economic growth and a $15 trillion national debt. So while he avoids the word, he’s reheating the same failed ideas.”
During the recent joint meeting of the U.S. Senate and House of Representatives, Murkowski admitted that she hoped to hear new solutions to the issues surrounding the stable increase of Americans who are getting out of job or are not finding any new job opportunities. Instead, the Alaskan senator was obviously disappointed while saying, “ I had hoped that tonight the President would hear the majority of Americans asking for solid, comprehensive solutions that can get bipartisan support – but tonight the President offered us nothing new.”
In her speech, Murkowski also highlighted some of the president’s failed claims. One of these was the tax credits given to business that hire people off unemployment. “That does nothing to create a need for those workers. If you’re a restaurant owner on the Kenai, why would you hire a new waiter or cook if everyone is still saving money eating at home?”
“We also need to remember that the research and development tax credit and accelerated depreciation provisions are set to expire at the end of the year. Many businesses, who we rely on for jobs, would have to pay higher taxes if we don’t extend these provisions. If businesses are paying more in taxes, they have less to pay employees.”
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