By Miriam Raftery

September 28, 2015 (Washington D.C.) – Speaker John Boehner (R-Ohio) has announced he will resign from Congress at the end of October.  With a September 30^th deadline looming to pass a spending bill or force a government shutdown, Boehner has stated on Face the Nation that he expects a continuing resolution to pass for funding at least through the end of the year, averting a shutdown.  But after that, all bets are off, since the likely successor to Boehner, Majority Leader Kevin McCarthy, of California, is backed by conservative Tea Party forces.

Cutting government spending doesn't create jobs--it increases unemployment and is bad for our economy

By Carol Guerrero, Spring Valley

July 26, 2011 (Spring Valley)--As the debate on the debt ceiling continues, I am distressed to hear the Republicans continue to use propaganda techniques to obscure clear economic analysis. Although there are many possible examples, I will use one from the House Speaker’s response to President Obama’s address to the nation last night. He repeated, as have his Republican colleagues over and over again, that lowering government spending will create jobs and help the economy.

As any macroeconomic class teaches, this statement is false in the short run and probably in the long run as well.