I thought President Obama did a good job tonight articulating his vision on how every American can benefit from our recovering economy. Since he was elected, there has been 58 consecutive months of private sector job growth and more than 11 million new jobs have been created. Unemployment is down to its lowest rate since 2008, the average price for a gallon of gas is close to $2.00, and the federal budget deficit continues to shrink. And while our economic prospects are upbeat, not everyone has seen their paycheck rise or their income grow. That is why the President was correct when he said that Congress needs to work together in a bipartisan way to help improve the lives of every member of the American family. I was especially pleased that he endorsed my proposals to enhance the Earned Income Tax Credit and my automatic-IRA retirement savings vehicle. These common sense initiatives will help strengthen and expand the middle class because they also need to feel the benefits of the nation’s economic comeback. As President Obama begins the fourth quarter of his term, I intend to work with him on these critical pieces of legislation that invest in our working families.
Posted on: Wed, 21 Jan 2015 03:12:48 +0000
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