Washington, D.C. - Today, Congressman Kevin Brady, lead House Republican on the Joint Economic Committee, reacted to White House news released today that about 650,000 jobs have been “created or saved” by stimulus spending: 

“The White House has lost all credibility when it comes to stimulus jobs claims,” said Brady, noting that economists and Bureau of Labor Statistics officials testifying before the Joint Economic Committee repeatedly refuse to verify the White House claims.

“Yesterday’s Associated Press story exposing the White House’s over-counting of jobs was consistent with the public’s view of these claims – they don’t believe them. Job numbers were exaggerated by ten times in some cases, contractors counted the same job up to four times and in some cases the funding didn’t even come from the stimulus.

“What we know for certain is that 2.7 million payroll jobs have been lost since the Obama stimulus was signed into law, hundreds of thousands of more jobs are being lost each month and America is so deep in debt China and France are lecturing us to get our financial house in order.”