Congressman Jerry Moran issued the following statement Friday after the U.S. Bureau of Labor Statistics reported that the nation’s unemployment rate increased in August to 9.6 percent. Unemployment has remained above nine percent for 16 consecutive months.
“Today’s unemployment report is another stark reminder that the policies of the Administration and Democratic-led Congress have failed to create new jobs and stimulate economic growth. Instead of throwing more money into another failed ‘stimulus’ plan, Congress should lower the tax burden on American businesses to spur job creation. If Congress fails to act, taxes will go up for all Americans on January 1st, many of whom run small businesses and employ American workers.
“History shows that sustainable economic growth begins with the private sector, yet Kansas business owners have told me that current policies have created an environment of uncertainty. Small business owners are reluctant to hire new workers or invest in their companies because they don’t know which tax hike, regulation or mandate will come next from Washington. Small businesses are the backbone of the American economy, so we must empower them to begin hiring again, and that starts with ending the cloud of uncertainty.
“Some Democratic leaders want to pick and choose who will benefit from extending the tax cuts – but the reality is that all American families and businesses will benefit from lower taxes. When Congress returns to Washington after Labor Day, our number one priority should be to spur growth in our economy by lowering the tax burden.”
