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Inequality, Opportunity and The American Idea
November 17, 2011
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The economic hardships brought about by the financial crisis and the weak recovery have reopened our longstanding national debate over the meaning of the proposition that we are all created equal. In the Founders' vision, the self-evident truth of this belief guaranteed all Americans equal rights to...
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900 Days Since Senate Democrats Offered Budget Plan Is National Disgrace
October 14, 2011
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America is greatly in need of strong, competent leadership. Our nation’s total debt is now larger than our entire economy. Unemployment is painfully high and growth is painfully slow. Since taking office, the president has accelerated Washington’s reckless spending spree, has added trillions of doll...
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Solyndra Deal Violates 'Fundamental Laws of Economics'
September 22, 2011
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This month, as President Obama pressed Congress to pass another misguided “stimulus” proposal, the consequences of the administration’s first $800 billion stimulus law are becoming painfully clear. High unemployment and anemic growth are serving as constant reminders of the president’s broken promi...
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Where's Your Budget, Mr. President?
August 3, 2011
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During the negotiations over raising the debt ceiling, President Obama reportedly warned Republican leaders not to call his bluff by sending him a bill without tax increases. Republicans in Congress ignored this threat and passed a bill that cuts more than a dollar in spending for every dollar it in...
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A Response to Gene Sperling
August 2, 2011
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Moments ago, the President signed into law a significant bipartisan step forward in getting Washington’s fiscal house in order. Relative to the magnitude of our budget challenges, the spending cuts are modest. But judged against Washington’s dismal track record of fiscal stewardship over the years, ...
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Health care reform key to tackling debt crisis
July 31, 2011
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The debate over raising the statutory debt ceiling has accomplished little but revealed much about the unwillingness of many in Washington to face up to our generation’s most pressing challenges. At the heart of the gridlock is a deep disagreement over the role that out-of-control government spendin...
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A Step Forward, But Long Journey Remains
July 26, 2011
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The Budget Control Act takes an important step in the right direction by cutting $1.2 trillion in government spending over the next decade. Critically, it does this without resorting to Senator Reid’s gimmicks and without imposing the president’s preferred tax increases on American families and the ...
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Jobs and the Punting of Responsibility
July 8, 2011
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Today’s shocking jobs report represents a modern record of 29 straight months with unemployment above 8 percent, and falls on the 800th day since congressional Democrats have passed a budget. This report is more proof that job creation in America is nowhere near where it needs to be for a strong rec...
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Avoiding the Credit Cliff
June 22, 2011
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The shadow of an oncoming debt crisis is hindering job growth today and threatening our fiscal and economic future. The latest warning came today from “The Long-Term Budget Outlook,” an annual report from the Congressional Budget Office (CBO) which details the state of the nation’s finances. This ye...
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Obama's Economic Experiment Has Failed -- Time to Get Back to What Works
June 13, 2011
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A flurry of recent economic news – especially the May jobs report – confirms what many have feared for some time: This president’s leadership deficit has caused a disastrous jobs deficit, and where he has led, his policies have made things worse. The president clearly inherited a difficult fiscal an...
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