House Republican Leader John Boehner (Ohio) challenged President Obama in a major economic speech this morning recommending the president fire what’s left of his economic team, commit to veto any job-killing lame duck Congressional legislation and implement responsible fiscal and economic policy.
That’s a tall order for today’s tax and borrow and spend and spend President.
Republicans are set to release a commitment to voters in September, reminiscent of the 1994 “Contract With America.” Boehner’s speech is a first salvo aimed directly at the dismal results produced by Obamanomics.
Boehner told his audience at the Cleveland City Club that the American people have had about all they can stand of the Finger Pointer-in-Chief and his economic team.
“We do not have the luxury of waiting months for the president to pick scapegoats for his failing ‘stimulus’ policies. We’ve tried 19 months of government-as-community organizer. It hasn’t worked. Our fresh start needs to begin now,” Boehner said.
Boehner called for Obama to fire what’s left of his failed Keynesian economics team.
“President Obama should ask for — and accept — the resignations of the remaining members of his economic team, starting with Secretary Geithner and Larry Summers, the head of the National Economic Council,” Boehner said.
The House Republican Leader also calls on the President to stop the job-killing tax hikes set to take place at the first of the year.
President Obama should announce he will not carry out his plan to impose job-killing tax hikes on families and small businesses.
Unless Congress acts, virtually every American will see their taxes go up on January 1, 2011.
President Obama has stated he wants to stop some tax hikes, and not others, once again putting the government in the position of picking winners and losers and pitting taxpayer against taxpayer. According to an analysis by the non-partisan Joint Tax Committee, Congress’s official tax scorekeeper, half of small business income in America – half – would face higher taxes under the president’s plan.
Of course, as if on cue, the same Washington politicians who have spent the last 18 months borrowing and spending our economy into the ground are now fretting over whether we can afford the ‘cost’ of stopping job-killing tax hikes.
Only in Washington would it be acceptable to think that taxpayers should have to pay for the privilege of keeping more of their own hard-earned money.
We will not solve our fiscal challenges until we cut spending and have real economic growth – and we won’t have real economic growth if we keep raising taxes on small businesses.
One of President Obama’s predecessors once said that “an economy constrained by high tax rates will never produce enough revenue to balance the budget, just as it will never create enough jobs.”
That president was John F. Kennedy.
Taking a swipe at Obama’s “let me be clear” terminology used to endorse the building of a mosque at Ground Zero, Boehner put priorities back in the right order.
“So let me be clear: raising taxes on families and small businesses during a recession is a recipe for disaster — both for our economy and for the deficit. Period. End of story,” Boehner said (emphasis in original).
Boehner is also calling for a commitment from the president to veto any job-killing lame duck session bills that may pass and move toward ending the “entrenched uncertainty” gripping the nation’s economy.
“President Obama should announce that he will veto any job-killing bills sent to his desk by a lame-duck Congress — including ‘card check,’ a national energy tax, and any other tax increases on families and small businesses,” Boehner said.
The full text of the speech is available online here on the Republican Leader’s website.