PRESS RELEASE: REP. CALVERT “The stimulus spending bill was an epic failure; it is time to show the American people that we are serious about cutting spending”

U.S. Congressman Ken Calvert

NEWS RELEASE

Contact: Rebecca Rudman or Stephanie Sonksen 202-225-1986

REP. CALVERT “The stimulus spending bill was an epic failure; it is time to show the American people that we are serious about cutting spending”
Rep. Calvert Signs Onto Bill to Rescind Remaining Stimulus Funds

WASHINGTON, D.C. November 18, 2010 – Rep. Calvert (R-CA) signed onto legislation (H.R. 6403), the American Recovery and Reinvestment Rescission Act, introduced by Rep. Jerry Lewis (R-CA) which would rescind all remaining unobligated stimulus funds.

“The stimulus spending bill was an epic failure; it is time to show the American people that we are serious about cutting spending,” said Rep. Calvert. “The $12 billion in unobligated stimulus funds is just the beginning and I call on the Democratic Leadership to join us in passing this bill before the end of the year. In January, Republicans stand ready to bring about change when it comes to the size, scope and spending of the federal government. The days of wanton spending are over.”

Rep. Calvert supports returning discretionary spending to 2008 levels, extending the 2001 and 2003 tax cuts, and reducing the regulatory burdens on small businesses.

“America can once again be a place of entrepreneurship and success but in order for that to happen government must end the uncertainty plaguing business, the fear created by mounting debt, and the oppressive business environment that hinders growth and investment,” stated Rep. Calvert.

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