Congressman Tom Price (R-GA) issued the following statement commenting on President Obama’s decision to double down on his failed stimulus policies by seeking to borrow yet another $50 billion to spend on infrastructure.

“This is hardly the first time Democrats have promised to create jobs with ‘shovel ready’ stimulus spending,” said Congressman Price. “President Obama has spent the last six hundred days trying to borrow, tax, and spend away this recession. Democrats in Congress even cancelled the budget to hide the true cost of their recklessness. And what do we have to show for it? More unemployment and debt. Infrastructure is important, but borrowing another $50 billion is clearly not the answer we need.

“The Obama administration just does not understand life in the private sector. America must get back to the basics so entrepreneurs and small business owners can create jobs and prosperity once again. Small businesses are not interested in government programs with political strings attached. They want the chance to reinvest their own capital instead of it being confiscated to pay for higher taxes and frustrating red tape. Republicans have the solutions our job creators need. It is time for more of what works, not more of the same.”