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RNC Bashes WH Stimulus Report

Republican National Committee Chairman Michael Steele issued a statement of rebuke a mere 20 minutes after the White House released its "100 Days, 100 Projects" report on the 100th day since President Obama signed the economic stimulus package.

"In the Obama administration the word 'report' must be code for 'PR,' " Steele said. "One hundred days after spending $787 billion of the taxpayers' money, President Obama is touting a second progress 'report' on the stimulus bill to convince voters his reckless spending plan is working. Let's be clear: 100 projects, nearly $1 trillion spent, and 1 million jobs lost doesn't sound like progress to me. The Obama administration may believe its own spin, but American families want jobs and to keep more of what they earn, not another 'report.' "

According to the report, "In the first 100 days since President Obama signed the American Recovery and Reinvestment Act into law, we have obligated more than $112 billion, created more than 150,000 jobs."

Republicans, though, would like to keep the focus on the current job numbers. The Bureau of Labor Statistics reported at the beginning of the month that 539,000 jobs were lost in April, increasing the unemployment rate from 8.5 percent to 8.9 percent.