GOP leaders wasted little time on Monday in calling out President Obama for announcements he made earlier in the day on job creation related to the nearly $1 trillion economic stimulus package that was enacted a little over three months ago.
House Minority Whip Eric CantorEric CantorGOP shifting on immigration Breitbart’s influence grows inside White House Ryan reelected Speaker in near-unanimous GOP vote MORE (Va.) told reporters on Monday that the bill, aimed at creating or saving 3.5 million U.S. jobs, has had the opposite effect.
In a statement released by the White House, Obama announced plans to accelerate the spending of the stimulus dollars with the goal of creating or saving 600,000 jobs over the next 100 days.
But with the steady rate of U.S. job losses since the signing of the recovery bill, Republicans charge the Democratic leaders with misleading the country about the immediate stimulative effect that the massive bill would have.
Cantor called out Democrats for predicting the “dire consequences” if Congress failed to quickly pass a nearly 6,000-page bill that lawmakers had no time to read.
“I think we can see the hyperbole involved in that claim, then, and obviously the results have been abysmal: 2 million jobs lost this year thus far is unacceptable,” Cantor said, adding that taxpayers did not get the results they were promised by the president.
House Republicans banded together in opposition to the bill, voting against passing both the conference report and the initial House version.
“These economic times aren’t something to play around with,” Cantor told reporters on the afternoon conference call.