WASHINGTON – Continuing his efforts to rein in federal spending and reduce the record high national debt, U.S. Representative Ed Whitfield (KY-01) voted against legislation today which would increase the deficit by $54 billion over ten years and put into place permanent tax increases.
“It has been over a year since Speaker Pelosi and President Obama jammed their trillion dollar ‘stimulus bill’ through Congress and unemployment in the Commonwealth has increased to a staggering 10.2%,” Whitfield said. “Yet House leaders seem to think continuing these failed policies and piling onto on our national debt will somehow turn our economy around. Kentuckians understand that we cannot spend our way out of this recession. It’s time for Washington to get the picture.”
The House of Representatives passed, and Whitfield opposed, changes to H.R. 4213, the American Workers, State, and Business Relief Act of 2010, which Whitfield originally opposed and was originally passed by the House in December and a similar version was passed by the Senate in March. The bill extends a number of programs passed in the American Recovery and Reinvestment Act, more commonly referred to as the “stimulus bill,” and extends some tax credits and reductions on a temporary basis while implementing permanent tax increases.
The legislation passed today would increase spending by $102 billion and raises taxes by $47.8 billion. The bill continues and expands a number of initiatives created under the “stimulus bill” including a program which encourages states to expand their welfare caseloads.