GOP Leader: "I just don't see any reason to use that money to try to pass a bill that's going to do nothing but grow the size of government."

Washington, Dec 4 -

In an appearance on Bloomberg Television this morning, House Republican Leader John Boehner (R-OH) decried House Democrats’ misguided proposal to pay for another ‘stimulus’ with funds from the Troubled Asset Relief Program (TARP.)  Calling Democrats’ plan to turn TARP into a politician bailout the “worst idea I’ve ever heard,” Boehner said these taxpayer dollars should be used to reduce the deficit instead of piling even more debt on our grandkids.  Boehner also outlined how Democrats’ job-killing agenda of bigger government and higher taxes is hurting families trying to find work and make ends meet.

Washington, Dec 11 - House Republican Leader John Boehner (R-OH) issued the following statement after House Democrats rejected a GOP motion-to-recommit that would have amended Democrats’ financial regulatory legislation (H.R. 4173) to shut down the Troubled Asset Relief Program (TARP) and require that TARP funds be used to pay down the national debt:

“Today, House Democrats voted to continue TARP and go right on spending taxpayer dollars with reckless abandon. After a year-long spending spree, out-of-touch Washington Democrats are looking for money in all the wrong places to fund more of the same ‘stimulus’ programs that aren’t working. Not only do Washington Democrats have no exit strategy for TARP, they want to keep the program alive so it can serve as a slush fund to bail out politicians.

"The American people are sick and tired of these open-ended bailouts and all this wasteful Washington spending. Taxpayer money paid back to the government should be used for debt reduction. Only Republicans are offering common-sense proposals to get government out of the bailout business and stop piling debt on our kids and grandkids.”

GOP Leader: “Not only do Washington Democrats have no exit strategy for TARP, they want to keep the program alive so it can serve as a slush fund to bail out politicians.”

NOTE: Democrats rejected a common-sense GOP motion-to-recommit proposal on the House floor today that would have amended Democrats’ financial reform legislation (H.R. 4173) to shut down TARP and require that TARP funds be used to pay down the national debt. The Republican motion-to-recommit also included a provision to lower the nation’s debt limit by an amount equal to that from shutting down TARP.