Hoyer Statement on GDP for First Quarter 2011



WASHINGTON, DC – House Democratic Whip Steny H. Hoyer (MD) released the following statement today on the advance estimate of the GDP for the first quarter of 2011:
“While this marks the seventh straight quarter of economic growth, it is clear that more must be done to spur the economy and create jobs. To both keep the economy growing and speed up that growth, we cannot do anything that subjects the economy to unnecessary uncertainty. Yet Republicans continue to hold the economy hostage to their partisan and divisive agenda by threatening to default on our nations’ debts – despite the fact that much of the debt that’s been run up was as a result of their policies. I hope today’s news will prompt Republicans to stop putting our economy at risk. I also hope it will remind Republicans that we need to take action on job creation. It’s disappointing that after four months in the majority Republicans have failed to bring a single jobs bill to the Floor, despite their promises that it was their top priority.”



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