Grimm Calls For Balanced Budget Amend.

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WASHINGTON, Aug. 6 (UPI) — U.S. Rep. Michael Grimm, R-N.Y., Saturday blasted the Obama administration for “overspending, overtaxing and over regulating.”

Grimm, who represents New York’s 13th Congressional District, made the comments in the weekly Republican media addres, filling in for House Speaker John Boehner.

Grimm called for President Barack Obama to support a Balanced Budget Amendment to the Constitution and end his economic stimulus policies, which Grimm said failed to produce new jobs.

“The overspending, overtaxing and over regulating coming out of Washington is creating uncertainty and holding our job creators back,” Grimm said.

Grimm said he voted for the debt-ceiling bill, calling it a good first step, but “far from perfect.”

“It puts us on a track to fix our fiscal problems, which will provide more confidence for employers in America, the very people we expect to re-invest in our economy and create jobs,” Grimm said.

Grimm also repeated the Republican and Tea Party stance of no new taxes.

“Listen, we know we have all the tools and resources we need to grow our economy and rebuild this great nation,” Grimm said. “The relentless work ethic of the American workforce, innovation and the entrepreneurial spirit and courage to succeed.”

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