Cornyn on 2nd Anniversary of Failed Stimulus

To Mark the Occasion…Senate Democrats Are Proposing Even More Spending"   width=72Texas Insider Report: Washington D.C. As Democrats rolled out their plan to win the future with more spending just a day before the Second Anniversary of their failed stimulus U.S. Sen. John Cornyn (R-Texas) today responded with the following: Two years ago today the Obama Administration told the American people their trillion dollar stimulus would keep unemployment below 8 percent create 3.5 million jobs and jumpstart the economy. With unemployment sitting at 9 percent and 14 million Americans still looking for work even the President had no choice but to admit that the recovery has been painfully slow.
To mark the occasion the President has introduced a budget that would double the national debt and raise taxes while Senate Democrats are proposing even more spending. It should come as no surprise that these proposals have been met with outrage by the American taxpayer and cynicism from those still in the unemployment line."
FLASHBACK -- PRESIDENT OBAMA In February 2009 Obama Signed a $787 Billion Stimulus Bill Claiming It Would Fix The Economy." President Obama on Tuesday signed the $787 billion stimulus package ... We have begun the essential work of keeping the American dream alive in our time Obama said calling the legislation the /beginning of the end of what needed to be done to fix the economy." (Michael A. Fletcher Obama Leaves D.C. To Sign Stimulus Bill" The Washington Post 2/18/09) And Obama Pledged That Stimulus Would Create 3.5 Million Jobs By End Of 2010. What makes this recovery plan so important is not just that it will create or save 3.5 million jobs over the next two years ..."(President Obama Remarks At The Signing Of The Economic Stimulus Bill 2/17/09) VICE PRESIDENT BIDEN In 18 Months" Stimulus Will Create 3.5 Million Jobs … Literally Drop-Kicks Us Out Of This Recession." This is a monumental project but I think its doable. But I just think we got to stay on top (inaudible) and we got to stay on top of that on a weekly basis. Because this is about getting this out and spent in 18 months to create 3.5 million jobs and do -- to set -- tee this up so the rest of the good work thats being done here literally drop-kicks us out of this recession and we begin to grow again and begin to employ people again." (Vice President Biden Remarks At Recover Plan Implementation Meeting The White House 2/25/09)   In My Wildest Dreams I Never Thought It Would Work This Well." (Biden On Stimulus: Never Thought It Would Work This Well" The Wall Street Journal 9/24/09) SEN. HARRY REID (D-NV): This Bill Creates 3.5 Million Jobs." (Sen. Reid Press Conference 2/11/09) SEN. CHUCK SCHUMER (D-NY): And Its A Very Significant Stimulus 3.5 Million To 4 Million Jobs Is A Lot Of Jobs." (NBCs Meet The Press" 3/8/09) REP. NANCY PELOSI (D-CA): House-Passed Bill/Obama Plan (HR 1) Creates 3.7 Million Jobs." (Rep. Pelosi Setting The Record Straight" Press Release 2/10/09) Senator Cornyn serves on the Finance Judiciary Armed Services and Budget Committees.  He serves as the top Republican on the Judiciary Committees Immigration Refugees and Border Security subcommittee.
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