Illinois GOP Chairman: US GDP stagnant growth of 1.3% shows that taxes are too high

  (Brady responds to GDP)                                                                                                                                                    

Chicago, IL – The U.S. Commerce Department reported Friday that the U.S. Gross Domestic Product (GDP) rose by just 1.3%, below even what many economists predicted. One of the largest factors for the stagnant growth was the lack of consumer spending.

“The bottom line is that there is no recovery until we create jobs, and increased taxation kills job creation,” said Illinois Republican Party Chairman Pat Brady. “As long as this administration refuses to face that reality, we will continue to have high unemployment, a major consumer confidence problem, and no economic recovery.”