GOP Offer Better Saving Solutions

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Better Solutions:
Helping Americans Restore Their Lost Savings
Rep. John Boehner's GOP Leader Blog
>> full post here

Recent polls from both NBC/The Wall Street Journal and National Public Radio (NPR) have confirmed that Americans’ concern about decline in the stock market and investment losses trumps even concerns about losing their jobs. Unfortunately, Washington hasn’t responded to the American people - and some in Washington are even calling for a national energy tax that will only add to the burdens Americans face every day.

Republicans, however, are advocating a solution to help Americans restore their lost savings.

Former Massachusetts Gov. Mitt Romney, in his testimony earlier this year before the Economic Stimulus Solutions Group that is led by Republican Whip Eric Cantor (R-VA), noted that:

The net worth of American families has shrunk by approximately $11 trillion. This translates into about $400 billion less annual spending by consumers. And that $400 billion drop in consumption would lead to a deepening downward spiral of business failures and unemployment.

It’s clear that Americans are hurting and that they want Washington to act. Congress, however, seems to have turned a deaf ear to the American people, who remain concerned above all about the evaporation of their savings.

House Republicans are advocating a better solution that will help people rebuild their nest eggs. To learn more, visit the House Republicans’ Saving Solutions website HERE.

>> Also read: Romney vs Reid