Entries in Congressional Budget Committee (2)


Boehner Has ‘Different Approach’ to Job Creation than Democrats

TOBY JORRIN/AFP/Getty Images(WASHINGTON) -- House Speaker John Boehner told reporters Tuesday that Republicans have a “different approach” to job creation than the $447 billion proposal President Obama pitched to Congress last week, explaining that the GOP would not support paying for temporary relief through permanent tax increases.

“As a former small businessman myself, I can tell you that we’ve got a little different approach to creating jobs than our friends across the aisle,” Boehner, R-Ohio, said.  “When you look at what we saw in the president’s pay-for’s [Monday], we see permanent tax increases put into effect in order to pay for temporary spending.  I just don’t think that’s really going to help our economy the way it could.”

Boehner added that drawing from his meetings with constituents and entrepreneurs during the August recess, he believed there’s a growing concern among Americans about the stagnant state of the economy.

“While there’s a lot of uncertainty out there, what I’ve seen over the last six straight weeks is a lot of that uncertainty is turning to certainty and the certainty is resulting in fear.  Fear that the economy isn’t coming back anytime soon,” Boehner warned.  “All of the efforts that the administration tried when they had total control of the House and the Senate and the White House, they have not worked.  And as we get into this conversation with the president about we help our economy, I hope he’ll listen to our ideas, and I hope that he’ll work with us to find common ground to get our economy moving and create jobs again.”

Boehner said he talked to “thousands” of people and employers throughout the August recess, and “what the American employers want is they want some certainty about what’s happening in Washington.”

“Certainty about what tax rates are going to be, certainty about what their health care commitments are going to be, and certainty about the regulatory onslaught that they’re under,” Boehner said.  “These are the kinds of things that need to be addressed if we’re going to create the kind of environment where employers will feel comfortable in adding more employees to their companies.”

Boehner said that before deciding how to move on the president’s legislation, he is awaiting the Congressional Budget Office’s score of the 155-page bill known as the “American Jobs Act.”  But, in the meantime, the speaker said he expected the bill to begin moving through committees as Republicans continue pushing their own agenda on the House floor.

Copyright 2011 ABC News Radio


CBO: Democrats’ '$6.5 Billion' in Spending Cuts Actually $4.7 Billion

Jupiterimages/Thinkstock edit Delete caption(WASHINGTON) -- The Congressional Budget Office this week said that the Senate Democrats’ bill offers $4.7 billion in spending cuts -- not the $6.5 billion that President Obama and congressional Democrats said.

After last week’s meeting on Capitol Hill among congressional leaders and Vice President Biden, Senate Democrats wrote legislation and gave it to the CBO to be analyzed. CBO placed the cuts at $4.7 billion.

The bottom line: Democrats and Republicans are roughly $52 billion apart in the cuts they want to see.

Copyright 2011 ABC News Radio 

ABC News Radio