Congressman Tom Price (R-GA) issued the following statement regarding the Obama administration’s shift away from the “saved or created” stimulus measurement.

“The stimulus has been such a grand failure that the administration has stooped to unabashedly cooking the books,” said Congressman Price. “Moving the goal posts and tinkering with math formulas won’t put the country back to work. The ridiculous ‘saved or created’ label needed to go, but the administration’s new stimulus metric is even more misleading. The White House is including in its count jobs that would have existed with or without this $787 billion boondoggle. People who get raises are included too. Was the purpose of the Democrats’ stimulus really to have taxpayers pay for raises and jobs that were not in danger of being lost?

“Discretely announcing its new scheme during the holiday season, the White House is hoping no one will notice that it’s lowered the bar to embarrassing levels just to fabricate a new standard of success. This absurd accounting mess is just another symbol of the Democrats’ failure to truly address the economy. We need to nurture a job-friendly environment by allowing individuals and businesses to keep more of their hard-earned income. Our economy will rebound on the strength and drive of the American people, not Washington.”