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Boehner: 'The private sector not doing well'

Associated Press Published: June 8, 2012
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House Speaker John Boehner, R-Ohio, contradicted President Obama's comments on the strength of the private sector economy and faulted him for collaborating with drug companies to pass Obamacare in 2009 and 2010.

"Mr. President, I used to run a small business, and, Mr. President, take it from me: The private sector is not doing well," Boehner said shortly after Obama declared that "the private sector is doing fine" during a press conference in which he called for congressional spending to create government jobs. "We're going to vote next month on extending all of the current tax rates, and the president should assure the nation that when this bill gets to his desk he'll sign it into law."

Boehner denied Obama's thesis, that lack of federal funding to offset state budget cuts is hurting the economy. "Government continues to spend money that we don't have," he said.

Obama opposes extending the current tax rates for the wealthy, favoring a tax increase, but supports extending the current tax rates for middle-income Americans.

Boehner, picking up on Mitt Romney's recent line of attack, said that Obamacare is hurting the economy. "The administration created and managed a superPAC paid for by Pharma and managed and run by Jim Messina out of the West Wing of the White House," Boehner said, citing documents released by the House Energy and Commerce Committee investigators. "This is wrong, and the administration must be held accountable for their actions."

Boehner explained that "emails obtained by the Energy and Commerce Committee show that the White House traded billions of dollars in policy concessions to Pharma for millions of dollars worht of advertising."

You can read more about that ad campaign here.

Click to read full article at Washington Examiner