MCKEON: "JOBS REPORT ILLUSTRATES PRESIDENT'S FAILED ECONOMIC POLICIES".

WASHINGTON, D.C. -- The following information was released by the office of California Rep. Buck McKeon:

Today, the Bureau of Labor Statistics released the latest unemployment numbers, adding only 18,000 jobs and indicating a rise in the unemployment rate to 9.2%.

"The jobs numbers are an illustration of the need for overarching change in economic policies. The idea supported by Senate Democrats and the President for increased taxes and inflated bailouts does not work. Our government has maxed out its proverbial credit card, and it is time to rein in spending and not inflict tax increases on a weakened economy. Until we reach an agreement to cut spending and get our fiscal house in order, we will continue to see instability in the job market, production and manufacturing, business growth, and more.

WATCH VIDEO : Fact vs. Fiction on Jobs from President's Twitter Town Hall earlier this week:http://www.youtube.com/watch?v=2g3IrQGa5TQ

"Deficit spending will never be America's answer to reaching economic prosperity. We must restore economic confidence for the private sector to invest and create jobs. It is not acceptable for the government to take money out of your pockets to pay for Washington's spending binge. And while Democrats insist on raising taxes and continuing to spend, Republicans in the House have offered alternative solutions that are pending Senate action. The new unemployment report is a reminder that there is still much work to be done."

NOTE: House Republicans have put forth numerous proposals to rein in spending, eliminate wasteful programs, and stop Washington's crushing mandates on the private sector. They presented a budget that addresses the direction our country is heading.

Click here for House Republican Plan for America's Job Creators:http://www.gop.gov/resources/library/documents/jobs/theplan.pdf

Compliments of Rep. Tom Price (GA-06): The following bills are meaningful job promoting measures that we passed in the House. They are now awaiting Senate approval:

H.R. 872, the Reducing Regulatory Burdens Act

H.R. 910, the Energy Tax Prevention Act

H.J.Res. 37, a Resolution of disapproval regarding the FCC's regulation of the Internet and broadband industry practices

H.R. 1249, the America Invents Act

H.R. 1230, Restarting American Offshore Leasing Now Act

H.R. 1229, Putting the Gulf of Mexico Back to Work Act

H.R. 1231, Reversing President Obama's Offshore Moratorium Act

H.R. 2021, the Jobs and Energy Permitting Act

H.Con.Res. 34, a Resolution establishing the budget for the United States government for fiscal year 2012 and setting forth appropriate budgetary levels for fiscal years 2013 through 2021