STATEMENT BY HECTOR BALDERAS ON PRESIDENT OBAMA’S SPEECH ON THE AMERICAN JOBS ACT

For Immediate Release: September 8, 2011

Albuquerque—United States Senate candidate and New Mexico State Auditor Hector Balderas released the following statement on President Obama’s speech tonight to a joint session of Congress.

 

Tonight, the President outlined a common-sense plan that will help create jobs in the short-term. At a time when too many New Mexicans are worried that the American Dream is becoming out-of-reach, getting our economy moving again must be Washington’s top priority.

 

President Obama has the right approach and the initiatives he laid out will ignite our economy and put Americans back to work. Most importantly, President Obama’s plan will create jobs for the drivers of our economy, including small business owners, teachers, emergency first responders, veterans and construction workers. They will rebuild our infrastructure and our schools.”

 

“By cutting taxes for small businesses and those that hire new workers, New Mexico’s small businesses will be able to hire and expand, ultimately providing hard working and middle class New Mexicans with more money. We can’t afford to continue giving additional tax breaks to big businesses. We need to close tax loopholes for large corporations and billionaires and invest in small businesses, the middle class, and the most vulnerable citizens. I applaud the President for taking that approach.

 

“I look forward to seeing the President’s specific proposals on Social Security, Medicare and Medicaid. While I agree with him that strategic reform is necessary to strengthen our safety net, I will remain steadfastly opposed to any proposal that cuts benefits or balances the budget on the backs of seniors, the middle class and most vulnerable. These programs are sacred compacts we have made with the American people, and a strong safety net is critical to creating a strong economy.

 

“Overall, the President’s plan is a necessary and essential approach to immediately put people back to work and provide a jolt for our economy. But this must only be the first step. We need more ambitious and aggressive action that makes larger investments in education, infrastructure, and innovation, such as solar and green technology.”

 

“New Mexicans work hard every day to fulfill their responsibilities. If Congress fails to pass the American Jobs Act and further economic initiatives, they are failing theirs.”

 

Media Contact
Caroline Buerkle
505-553-5307

 

 

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