January 24, 2007  

 

Granger: Republican Economic Policies Keep Working to Reduce the Deficit

 

 

 

WASHINGTON, D.C. -- Congresswoman Kay Granger (R-Fort Worth), Vice Chair of the Republican Conference, today issued the following statement after the Congressional Budget Office (CBO) released its January forecast.

"The CBO's report indicates that the economic policies Republicans put into place are going to lead to a $76 billion dollar deficit reduction for this year. The report also shows that the economy is strong and continuing to create jobs. What more proof does anyone need to believe that raising taxes would hurt this economy?

"Indeed, this latest CBO report only further proves what we've known for over two years now - that the tax cuts implemented by Republicans helped bring the country out of a recession, strengthen small businesses and create jobs. In fact, these policies helped lead to the creation over 7.2 million new jobs.

"I can tell you that there are a majority of people from my district, and I know Americans across the country, do not want to have their taxes raised. Let's keep these economic policies in place.