Showing posts with label US Budget. Show all posts
Showing posts with label US Budget. Show all posts
Sunday, April 7, 2013
Angus King's Statement On March Employment Report
WASHINGTON, D.C. –U.S. Senator Angus S. King, Jr. (I-Maine), a member of the Senate Budget Committee, released the following statement today in light of the March Employment Report from the U.S. Department of Labor, which showed that the U.S. economy gained 88,000 jobs while the unemployment rate dropped to 7.6 percent.
“Today’s job report is further proof that we are in the midst of a fragile economic recovery which is significantly affected by the actions – or inactions – of Congress. We should not be surprised that overall hires have slowed so considerably, but we should be disappointed. As we return to Washington next week, I hope my colleagues will see this report as impetus to press forward with the reconciliation of a budget that creates jobs and grows our economy while also addressing our nation’s long-term fiscal health.
“The budget that I helped craft and that recently passed the Senate forges a credible path toward fiscal stability. Taken in combination with steps enacted over the past two years, the plan reduces the projected deficit by more than 4 trillion dollars over the next ten years and makes critical investments in our deteriorating infrastructure, which if left unfixed, would be yet another debt to our children.
“Lastly, the fact remains that what these statistics don’t reveal are the real world implications for the 12 million unemployed and many more underemployed Americans who continueto struggle to put food on the table, to purchase medications, and to make ends meet. I truly hope this dismal report is a wake-up call for Congress to come together and find solutions for them and our country.”
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Thursday, March 14, 2013
Maine Senator King Statement on Introduction of Senate Budget
Maine Senator King Statement on Introduction of Senate Budget
Wednesday, March 13, 2013
WASHINGTON, D.C. –U.S. Senator Angus S. King, Jr. (I-Maine), a member of the Senate Budget Committee, released the following statement after the Committee formally unveiled its budget blueprint today for the upcoming fiscal year:
“Since arriving in the Senate in January, I have been working to craft a budget resolution for the first time in four years. I believe the blueprint unveiled by the Committee’s majority today establishes a responsible, balanced approach to addressing our nation’s long-term economic health by including an equal mix of spending reductions and revenue increases that, when taken together, chart a serious and credible path forward.
“While I’m pleased with the progress we have made, I nonetheless realize that there are reservations on both sides of the aisle. This debate is ultimately and most fundamentally about the role and size of American government. As an Independent, I see value on both sides of the debate as well as the good intentions of the Senators making their respective arguments. No one doubts that we all share the same goal, which is to achieve a successful and prosperous America. We are working hard to arrive at a point where we have a solution in hand, and moving forward I remain committed to creating a budget that successfully creates jobs and grows our economy while at the same time addresses our long-term fiscal health.”
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