This week, Congress reached an agreement that’s
going to allow us to make some progress in reducing our nation’s budget
deficit. And through this compromise, both parties are going to have to work
together on a larger plan to get our nation’s finances in order. That’s
important. We’ve got to make sure that Washington lives within its means, just
like families do. In the long term, the health of our economy depends on
it.
But in the short term, our urgent mission has to be getting this economy
growing faster and creating jobs. That’s what’s on people’s mindsthat’s what
matters to families in this country. And the fact is, this has been a
tumultuous year for the economy. We’ve weathered the Arab Spring’s effect on
oil and gas prices. The Japanese earthquake and tsunami’s effect on supply
chains. The economic situation in Europe. And in Washington, there was a
contentious debate over our nation’s budget that nearly dragged our country into
financial crisis.
So our job right now has to be doing whatever we can to help folks find workto help create the climate where a business can put up that job listingwhere
incomes are rising again for people. We’ve got to rebuild this economy and the
sense of security that middle class has felt slipping away for years. And while
deficit reduction has to be part of our economic strategy, it’s not the only
thing we have to do.
We need Democrats and Republicans to work together to help grow this
economy. We’ve got to put politics aside to get some things done. That’s what
the American people expect of us. And there are a number of steps that Congress
can take right away, when they return in September.
We need to extend tax cuts for working and middle class families so you have
more money in your paychecks next year. That would help millions of people to
make ends meet. And that extra money for expenses means businesses will have
more customers, and will be in a better position to hire.
Yesterday, I proposed a new tax credit for companies that hire veterans who
are looking for work after serving their country. We’ve got a lot of honorable
and skilled people returning from Iraq and Afghanistan, and companies that could
benefit from their abilities. Let’s put them together.
We need to make sure that millions of workers who are still pounding the
pavement looking for jobs are not denied unemployment benefits to carry them
through hard times.
We’ve got to cut the red tape that stops too many inventors and entrepreneurs
from quickly turning new ideas into thriving businesses – which holds back our
whole economy.
It’s time Congress finally passed a set of trade deals that would help
displaced workers looking for new jobs, and that would allow our businesses to
sell more products in countries in Asia and South America – products stamped
with three words: Made in America.
And we ought to give more opportunities to all those
construction workers who lost their jobs when the housing boom went bust. We
could put them to work right now, by giving loans to companies that want to
repair our roads and bridges and airports, helping to rebuild America.
Those are a few commonsense steps that would help
the economy. And these are ideas that have been supported by both Democrats and
Republicans in the past. So I’m going to keep calling on both parties in
Congress to put aside their differences and send these bills to my desk so I can
sign them right away. After all, both parties share power. Both parties share
responsibility for our progress. Moving our economy and our country forward is
not a Democratic or a Republican responsibilityit is our responsibility as
Americans.
That’s the spirit we need in Washington right now. That’s how we’ll get this
economy growing faster and reach a brighter day.
Thanks for listening, and have a great weekend.
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Sandra Englund, July 9th, 2011 |
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