Brady, a member of the House Ways and Means Committee, said he was pleased to see the Dow industrials close over 10,000 this week, but criticized the administration for not doing enough to fix unemployment. He said three million private sector jobs have been lost since the stimulus was passed in February.
The Republican then took aim at the health care legislation currently moving through Congress.
"The second myth, that government-run health care will make it more affordable?" Brady said. "Americans inherently know government interference drives costs up, not down." He claimed that the Democrats want to "allow the government to decide what doctors we can see, what treatments the government thinks you deserve and what medicines you can receive."
Brady said "our children and grandchildren will end up buried under a mountain of debt" if the Obama administration's fiscal agenda continues.
Read the full script after the jump.
“Hi, I’m Congressman Kevin Brady. I’m proud to represent southeast Texas in Congress, and serve as the lead House Republican on the Joint Economic Committee, which keeps tabs on America’s economic health.
“There are three big myths hurtling around Washington these days: no jobs equals an economic recovery, government-run health care will make it more affordable, and deficits don’t matter.
“The American public – to their credit – isn’t buying any of these.
“Start with the economy. We’re all pleased to see the stock market go up, but middle class America knows hundreds of thousands of jobs are disappearing each month. Many of them may never reappear.
“As families in my communities and across the country watch the national unemployment rate close to topping double digits - with very few real signs of relief ahead - they have one question for the White House: ‘Mr. President, where are the jobs?’
“Last January, the White House promised us all that if Congress passed the massive trillion-dollar ‘stimulus’ bill, jobs would be created immediately and the unemployment rate would stay under eight percent.
“Well, since then, nearly 3 million more Americans have lost their private sector jobs. Over 2 million have simply quit looking for work because they are so discouraged. And that’s frightening. And over 9 million Americans are working part time because they can't find a full time job. And those who do worry if they’ll be the next person standing in the unemployment line.
“The truth is: no jobs, no recovery. Let’s finally admit America’s recovery can’t be built on the unsteady Democratic doctrine of spending more, borrowing more and higher taxes. It’s failing our families.
“The second myth, that government-run health care will make it more affordable? Americans inherently know government interference drives costs up, not down. The massive health care plans being crafted behind closed doors in Washington will ultimately allow the government to decide what doctors we can see, what treatments the government thinks you deserve and what medicines you can receive.
“The Democrats’ plans are loaded with new federal mandates and higher taxes on insurance plans, treatments and equipment – all of which will be passed down to patients. New taxes on professionals and small businesses will drive jobs out of our economy and push more families into a government-run plan. At a time when families and workers want more choices and more options, Democrats in Washington are bent on creating a one-size fits all plan that Americans can just take or leave. By the way, these same Democratic members of Congress are making sure they and their families aren’t included in the plan. That should tell you something.
“The third myth: deficits don’t matter? Tell that to your kids and grandkids and see what they have to say thirty years down the road.
“Whether it’s wasteful stimulus spending, a cap-and-trade national energy tax that will put millions more out of work, or the trillion dollar health care experiment, congressional Democrats in Washington are boring new holes in our economic ship at a time when employers throughout America need a life preserver to help them stay afloat.
“Liberal policies that will keep people out of work longer will only make the deficit worse. Americans know that deficits matter to our dollar, to our economy, to our future. The federal budget deficit tripled to a record 1.4 trillion dollars this year. The government spent 199 billion dollars on interest alone - or almost 10 times the entire budget for NASA.
“Under the Obama Administration’s budget, our country is set to rack up 6.7 trillion dollars in debt over the next decade - almost equal to all the federal debt accumulated in our nation’s history. Democrats in Washington continue to pursue costly policies that tax too much, spend too much and borrow too much, all of which are discouraging small businesses from job creation and innovation while launching our national debt into the stratosphere.
“Make no mistake, our children and grandchildren will end up buried under a mountain of debt if we continue down this dangerous path of taxing, spending and borrowing.
“Let’s set aside the myths. Let’s get real.
“Real economic growth starts when the people who have taken the hardest hit in this recession - our small businesses - get back to creating jobs. It's what these businesses that employ more than half our nation's workforce do best. Republicans want to give them new tax relief tools and get out of their way.
“Republicans remain hopeful that this deep and painful recession will soon run its course, but Americans deserve better than a jobless recovery, which is no real recovery at all for American workers and families. Americans deserve affordable health care. And they deserve a nation that can pay its debt and live within its means.
“That’s what Republicans believe. That’s what will create the jobs that will grow our economy and put our nation back on the path to long-term prosperity.
“This is Congressman Kevin Brady. Thanks for listening.”
All common sense points, right on target. The Republicans need to do the same time of media blitz Obama does and get these points out. No one in Congress seems to be listening to the people, who don't want all this spending that just paves the way to socialism and wealth redistribution. November 2010 will be the turning point, must of this stuff will be repealed after that. the country needs to be restored not sold down the rivers by the lefties.
More lies and whining from the right. I hate to tell this dude, but our children were already under a mountain of debt because of the money W spent and hid for his war in Iraq, the only health care reform W pushed through that he had no plan to pay for, and the lack of regulation on the greedy mortgage companies and banks that seriously contributed to a world-wide recession.
Should be called "The WEAKLY Republicon Address"
Why are these lies tolerated, anyway?
They spread lies like a farmer spreads manure!(same stuff)
Same old crap from the party of fear. The only change is that debt was good when Reagan was president, and now, after the $800 billion republican bank bail out, the GOP is concerned about debt.
So again, what is the GOP answer to the healthcare issues? Oh I guess there is none.
What Mr Brady, and the other Repubs fail to mention is that health insurance costs have gone up over 80% since 2000. And that the care today is indeed rationed, and capped. And you can be dropped without any notice, not to mention trying to get insurance with any pre-existing condition like pregnancy, cholesterol, high blood pressure, etc.
I am still waiting for the GOP answer, and I hate to break it to you, but tort reform and selling over state lines (which by the way is a State issue today) are not the sole answers.
What have GOP has done to this country in last 8 yrs of power in their hand. please be patient, you will see the sign of recovery that we are already looking in share market. if we have not pass the recovery package in January, we would never have seen this share market rise for next few yrs. so be patient and stop directing others to your way of runing this gov't. b/c we all know what you can do and what you have done to this country. so stop blaming others for what you left for Obama, its just been 9 months his in white house, yes i agree so far we haven't got any good news yet, but they're at lest trying their best to get this country on back to were we were before 8 yrs. not like GOP(Party of NO), we cant afford to pay to just seating in Washington and not doing your job. its time get every GOP voted out in Coming up 2010 election.
Same old republican propaganda with no real, credible plan of their own.
blah, blah, blah, . Republicans are full of empty rhetorics. Is this the only thing they can do? sitting on their asses while the president is trying to do his job. and dissing and obstructing eyerything on it. Well did someone warn this dumbo party that if they don't help this president with helping the people and the country rise up, and god forbids they win in 2012 they will inherit the mess they prayed for and helped to create from the Democrats. Just as I always say; BE CAREFUL WHAT THEY WISH FOR THEY MIGHT JUST GET IT!!!!
the republicans have lost there credability to the american people . first by backing big insurance lobby and second by not helping america get back on its feet from the BUSH CHENEY CRAP
You want to add jobs, then fix Heathcare. Many employers are relucant to hire not because they don't need employees, but because they can't afford the high price of healthcare. Many employees are relucant to work for minimum wage without healthcare because they just can't afford to live, period.
Make healthcare competitive, eliminate the HUGE EXECUTIVE BONUSES and you will see jobs added like crazy.
Give small businesses and the uninsured access to the same plans our Senators get. It will save us the most money, and we already know it works.
Thank you Mr Brady for understanding and trying to make others understand what these insane liberals and dems. Can't seem to get thru their thick skulls, we will not put up with this ignorance any more!!! And they will be voted out in midterms!