Sessions: President Fostering Uncertainty, Unpredictability In Economy

“Our nation's total debt has now officially eclipsed the size of our entire economy… but the president continues his call for more failed government 'investments.' We need certainty and predictability, not more experiments in progressive economics.”

WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today in response to the July employment report, which showed the unemployment rate nearly unchanged at 9.1 percent:

“Unemployment remains painfully high, growth remains unacceptably weak, and our nation?s total debt has now officially eclipsed the size of our entire economy. But the president continues his call for more failed government investments.? Our nation is in desperate need of a clear, confident, and commonsense budget plan from the White House to get spending under control. We need certainty and predictability, not more experiments in progressive economics. Even with the recently-passed debt bill, we are still on track to add $11 trillion or more in gross debt by the end of the decade. At current levels, our gross debt is already dragging down growth and costing us at least a million jobs a year.”

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