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Assemblyman Tran Responds to Stimulus Bill Anniversary

Contact: Rory Luepton (760) 500-9930

(Santa Ana) – On the one year anniversary of President Obama’s coveted stimulus bill, it seems as if more questions remain than jobs. Assemblyman Van Tran, candidate for the 47th Congressional district seat held by Loretta Sanchez, agrees with President Obama’s assertion that we must work to keep Americans employed, but does not agree with the President’s solution of excessive regulation and over taxation.

When the President passed the stimulus bill he said unemployment would not pass 8%. Today, unemployment in California stands at 12.4% – that’s 17% worse than when the stimulus passed. Since spending nearly $800 billion of taxpayer’s dollars on the stimulus bill, the economy has gotten worse, not better.

“I agree with President Obama’s point that we must do something to help our economy get back on track, and get people back to work. That being said, I don’t think spending more and taxing more helps the job market, as evidence suggests.” said Assemblyman Tran. “What we need to do, and I think the President missed this point, is to reduce the red tape and regulations small businesses are facing today. Small business owners are having to compensate for the government’s failures by laying people off and reducing their pay. These things should not be happening. I am running to ensure that this will be history, and not a recurring theme.”