U.S. Sen. Ted Cruz (R-TX) released the following statement regarding today’s weak jobs report:
Today’s jobs report is another reminder that more than four years after financial crisis, the economy is gasping for breath. Americans may be asking why, and the answer is simple: tax hikes, Obamacare, and a raft of expansion-blocking regulations. Add in a dollar that remains unstable and no wonder businesses and job creators are sitting on the sidelines. Meanwhile, the White House is out today with its latest proposal for… more tax increases.
Cruz has been spending his Senate Easter break touting his economic growth agenda.
Cruz has been touting the goal of promoting economic growth by reforming that tax code and reforming regulations as well as by restraining spending. Taxes and regulations, he noted in his Odessa speech, fall heaviest on small business, where the greatest potential for economic growth and job creation resides. Cruz also touted the burgeoning energy sector, citing the fracking boom that promises to lower the cost of energy and make the United States energy independent.