SENATOR HATCH ON ONE-YEAR ANNIVERSARY OF STIMULUS BILL

HATCH ON ONE-YEAR ANNIVERSARY OF STIMULUS BILL

Utah Senator Calls Trillion-Dollar Spending Bill “A Profound Disappointment”

WASHINGTON – U.S. Senator Orrin Hatch (R-Utah) issued the following statement today on the one-year anniversary of the President signing the “stimulus” bill that Hatch opposed, into law:

“In its first year, the trillion-dollar stimulus has been nothing less than a profound disappointment costing tens of billions more than estimated. The American people were promised that it would stop the unemployment rate from going over 8 percent, that 90 percent of the jobs created would be in the private sector and that it would jump start our economy immediately. Regrettably, none of those things has turned out to be true. Giving Utahns and Americans their hard-earned money back through tax relief to make choices for themselves is a much better way to turn our economy around – not another big-government Washington solution that adds to our already sky-high debt.”

via HATCH ON ONE-YEAR ANNIVERSARY OF STIMULUS BILL.

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Filed under Economics, Government Spending

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