"We believe the best course is to encourage job creation by private companies," the Arizona senator says. "And the way to do that is to limit intrusion by Washington and to keep taxes at a manageable level."
Full transcript of the remarks after the jump:
“Hello. I’m Senate Republican Whip Jon Kyl of Arizona.
“The effects of the ongoing economic slump have been severe and have touched all Americans. Too many people have lost jobs; others are working reduced hours or for lower pay. The latest report shows that unemployment has stubbornly stayed at just below 10 percent. Nearly four million workers have lost their jobs since President Obama took office.
“The American people have been telling Washington that promoting job growth must be the first priority. But, for more than a year, Congress and the President have focused instead on a controversial health spending bill which a majority of Americans said they didn’t want.
“Recognizing that their $1.2 trillion stimulus has failed and in a frantic, election-year push, Democrats in Congress are labeling every bill they bring up as a ‘jobs’ bill. Most are just more government spending, leading to higher deficits and more debt—and very few jobs.
“Republicans have a better plan. We believe the best course is to encourage job creation by private companies. And the way to do that is to limit intrusion by Washington and to keep taxes at a manageable level.
“The federal government has been growing at an astonishing rate. Just last year, the government borrowed $1.4 trillion! The American economy cannot grow and create good jobs if Washington spending takes more and more resources out of the private economy.
“Second, we must not raise taxes. Under current law, unless Congress acts, taxes will rise dramatically on December 31st. Taxes will increase on families with children, on married couples, on income, on capital gains and dividends, and even after death. It comes to a total of $2 trillion in new taxes over the next 10 years. And that doesn’t include the more than $500 billion in new taxes in the health spending law.
“Since most small businesses pay taxes as individuals, the increase in marginal income tax rates will hit job creators hard. Businesses are reluctant to hire because they are unsure about their future tax costs. Congress and the President should act to prevent the coming tax increase. That would provide job creators with some much needed certainty so they can begin hiring again.
“Unfortunately, Democrats in Congress have yet to say whether they will prevent this massive tax hike. And, they’ve even proposed new taxes like the cap-and-trade bill. Republicans believe we need to act now, in a bipartisan way, to head off these tax increases. That would show job creators and families that it’s safe to invest and save.
“So, these are two Republican ideas: First, reining in Washington spending. Second, keeping taxes at a manageable level. If we do these two things, private businesses and American families will be able to save, invest, and plan for the future.
“Together, we can help put Americans back to work.”
More republican't lies. . .
Too little, too late. GOP back to work ideas when the economy is making a come back, two years late. GOP played the obstructionist, just say NO game, for over a year delaying a quicker recovery.
gosh kyle what a novel idea. lets see you repubs get off your NO long enough to help this president. i would be willing to bet president obama will work with you on job creation, afterall that is his agenda and has been since he took office. i dare you to come up with just one good idea for a change to see if any of you really have an ability to do anything other than obstruct this president that we the majority of people elected to fill this office. i say it is about time you jerks earned your salaries out here. enough is enough!!
Good. Make an appointment with the president and tell him exactly how to create jobs!
“So, these are two Republican ideas: First, reining in Washington spending. Second, keeping taxes at a manageable level."
This mean you want to REPEAL the Health Care Reform and CUT taxes for the RICH!!!!
The Party of "YES" let's go back to the SAME we were under Bush ,and NO, we're not going to agree with anything President Oama offers!!!
Shorter John Kyl: Give the money to rich people and let them sort it all out.
Oh, and a few crumbs for the rest of us that won't make up for all we would lose...
Republican economics *failed* here, but Republicans want to double down on it. They must like the Great Recession that resulted. Sure is easier to hire help.
I think he's wrong about that. The federal government has to step in and offer incentives for companies to hire to help spur job growth.
“Second, we must not raise taxes. Under current law, unless Congress acts, taxes will rise dramatically on December 31st. Taxes will increase on families with children, on married couples, on income, on capital gains and dividends, and even after death.
Give me a flipping break, Kyle. The only tax cut due to expire is the tax cuts to the wealthy. You know the one. That Bush tax cut to the wealthiest 20%. The one EVERY economist stated would cause a recession and a loss of trillions of dollars to the economy. And did it ever!
Giving tax cuts to businesses hasn't exactly encouraged businesses to stop with the job cuts, either, now has it? BUSINESSES are still racking in millions, and in many instances, billions of profit. But, sure. OK. Lets encourage them more.
Trickle down hasn't worked you old coot. Can't any of you republicans get that through you thick skulls? The more you give to the rich and to big business, they more they KEEP for themselves.
Since the first stimulus package took us from loosing more than 750,000 jobs a month when Bush left office to finally gaining jobs, Kyl is wrong when he (and other Repugs) say the stimulus is not working.
Their "better way" got us into this mess. Let's regulate less, and have more financial crashes, mine disasters, etc. And cut taxes so the National Debt grows faster.
More trickle down economics. Same old song by the fear/hate/obstructionist/purity Republicans.
No to this proven not to work strategy. We need to turn the page on this backward thinking. by electing either a true Democrat or Independent and say no to the tired worn out Republicans' fear/hate/obstructionism/purity ideology.
Good grief, is Kyle now getting his talking points from Palin?
Same old gibberish she spouted durning her big speech yesterday.
Hey Kyl, isn't the big part, DIVIDENDS AND CAPITOL GAINS??? Like WalMart family members? How about they take a big tax HIT and start paying decent wages? Remember the 50s when you could BUY a car every 2 years? Own a house? Oh wait, we didn't have the Reagan Tax Cuts on the Rich did we? All those fat cats not wanting to pay for public schools, public colleges, roads, bridges, all that. How about a 90% top tax rate, no exceptions if you make over $20 million in income including dividends per year? Think we could afford health care for the rest of us? Think Phoenix could afford to pay for its cancer patients that were dumped on the street as the state was broke? How about the rest of us out in the sticks? Ever been to rural Texas? Rural Oklahoma? Hell, ever been on the Indian reservations? How does that grab you? Hell, go in a coal mine.
According to the "BENCH WARMES".
Remember Bush gave taxs cut only to the rich. How quickly you repubs forget!
If tax cuts created jobs in the United States there would be six jobs for every job seeker. But just the opposite happened, and the jobs that can't be outsourced are insourced by illegals and H1B visa workers who live in cramped quarters that violate minimum housing standards and work for slave wages.
Another Drunk republican asking that America give him the car keys again.
The Repubs see that the economy is starting to grow and they want to get their foot in the front door and act like they are part of the answer. Kyle where were you when the economy took a nose dive????
Are there any Republicans left who can actually tell the truth, or is lying so ingrained in their politics that they can't control it? All you people can do is criticize and obstruct. The ideas floated by Kyl here are the same ideas that were used by the GOP to get us into this mess in the first place. And, as usual, the Democrats have to fix it. Some things never change.
Job creation by private companies. What?? so if the republicans have anything to do with it, they can send them overseas again. Republicans really really enforce the old saying, you can tell when republicans are lying – they just have to have their mouth open. Especially this POS.
If the GOP really wanted to be so up on jobs, then they should stop the NO nonsense and vote for bills that would create and put people back to work. It is the GOP fault that we don't have jobs.
In other words, the Republican plan for job creation is DO NOTHING!
Yeah...right...that's going to work
Someone needs to explain this to that fool nobama. I am afraid nobama and the demorats love to spend our money to lmuch to even think about cutting spending. So here comes the tax increases, excuse me, investments in America.
only jobs created was for census workers and irs so don't tell me the stimilus package is working bull and another note i predict that because the weather is getting nicer there will be more jobs created for builders, road workers and anything to do with outside and that won't be from the stimilus package that is something that happens every spring in the USA.
Talk, talk, talk but what jobs is Kyl creating, name me one. Kyl is about as useless as a bull with tits. People don't want to hear all the things you disagree with Obama on, they want to know where they can apply for employment.
So, we had two tax breaks for the rich under GWB which lead to recession...fool me once, fool me twice...by the way, the Dems and the Obama have not submitted one tax increase proposal to Congress...In fact, 95% of Americans got a tax cut under the Stimulus...so why do we need to hear from the Republicans and Obama haters...please people just ignore theTax Party & Republicans fools. The Republicans lead us into the recession and will not acknowledge their mistake/foolish behavor but will try to blame Obama/Dems...agan, fool me once, fool me twice.