Eric Cantor Reports on the First 100 Days of the Stimulus

"One hundred days after the President signed the ‘stimulus’ bill, we unfortunately continue to read about waste, delays, and job losses. These are not the results America hoped for."

WASHINGTON, D.C. - House Republican Whip Eric Cantor (R-VA) today issued the following statement after the Administration issued a “recovery report” on the $787 billion stimulus bill, one hundred days after the President signed it into law:

“One hundred days after the President signed the ‘stimulus’ bill, we unfortunately continue to read about waste, delays, and job losses. During the debate, well before the President signed the $787 billion spending bill, House Republicans made clear our belief that any stimulus action must be laser focused on jobs. In the hundred days since that misdirected bill was enacted, well over a million Americans have lost their jobs. These are not the results America hoped for.

“Even though the President himself promised to be tough on waste and just last week said that America is now ‘out of money,’ special interest projects inexplicitly are deemed worthy of taxpayer dollars. That is unacceptable, and it’s time for the majority in Congress to get serious about how tax dollars are being spent. Our priority must be on job protection, creation, and preservation.

“I hope that over the next one hundred days, Speaker Pelosi, Senator Reid, and the Democrat majorities in the House and Senate open their eyes to not just the misdirected, but reckless and unprecedented spending that has gone on under their watch."