“And yet in the face of these challenges Congress has passed a bill that will not effectively help our economy. We can do better,” she said. In the House, not one Republican voted for the taxpayer money give-away.

“This stimulus bill is generational theft—passing on a record-breaking pile of debt to the next generation. Instead of targeting the real sources of job creation, America’s small businesses and entrepreneurs, this legislation is honeycombed with pet projects to satisfy liberal special interests,” she warned.

“We can do better. Americans are hurting and runaway government spending is not the only thing that can fix this recession. A fast-acting and job-creating tax cut-based alternative that I voted for would have created twice the jobs at half the cost. Attempting to borrow and spend our way to prosperity is failed policy. We can do better,” said the three-term congresswoman who serves on the powerful House Rules Committee.

Foxx points out that most people agree that federal spending has been out of control for many years and that the deficit continues to grow daily.

"If we don't do something soon to restrain spending, our children, grandchildren and future generations will be burdened with ever increasing debts. Federal budget deficits are the result of too much spending, not too few taxes. It has long been said that the federal government doesn’t have a revenue problem, it has a spending problem," said Rep. Foxx.

"Holding spending growth to the rate of inflation or below is common sense and restraining spending will lower the deficit."