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McCaul on the March unemployment statistics

April 5, 2013

"While today’s unemployment report shows a marginal improvement in the number of jobs created in March, it falls well below most economists’ job growth predictions. This should be a clear sign to the Obama administration that it must shelve its half decade-old policies that continue to hinder America's ability to prosper. Last month, House Republicans passed a budget that balances within ten years, keeps tax rates low and commits to reforming entitlements that we desperately need to nurse our way back to economic health. Our progress will continue to be anemic at best without a clear path toward economic prosperity that provides certainty for our job creators. I urge my colleagues in the Democrat-controlled Senate to take a serious look at this budget plan and consider what is best for our country's long-term economic and national security, rather than political expediency. Next week, President Obama will release his budget proposal that reports indicate will offer modest reforms to our nation’s entitlement programs. While this would represent progress, reports also indicate his budget will contain tax hikes that will only further strain our economic growth. I look forward to seeing the President's plan."

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