DNC chairman: Dems have helped the economy 'turn a corner'

Democratic National Committee Chairman Tim Kaine said Democratic candidates should be proud to run on the party's economic record this fall, brushing aside concerns that both chambers of Congress could fall to Republican control.
 
Speaking on "Fox News Sunday," the former Virginia governor said the Obama administration has helped the U.S. economy "turn the corner" after nearly a decade of irresponsible fiscal policies, pointing to statistics that show the country's GDP numbers are growing.
 

"After nearly 20 months in a row of private-sector job losses, we've gained jobs in the private sector for eight months in a row," Kaine told Fox News host Chris Wallace. "There were some net losses over the summer because the Census [jobs] phased out. But we have the private sector growing again... We've had a net turnaround from negative to positive. It's clear that we have a long way to go, but we've just got to keep at this. We are climbing out of the ditch."
 
Kaine confirmed reports that President Obama plans to announce a package of stimulus legislation this week, and pointed to a bill to boost small businesses that has stalled in the Senate as proof that Democrats are trying to overcome GOP obstruction to jump-start the economy. The bill would increase lending options for small businesses and cut their capital gains taxes.
 
Kaine disputed any notion that Obama's push for tax cuts for businesses was a political "deathbed conversion," coming just two months before the November elections, noting that the president has included tax cuts in numerous pieces of legislation that he has pushed over the past year and a half.