House Determined To Create Jobs, Says Top Democrat

By Miles Wolf Tamboli
Talk Radio News Service

On the same day President Barack Obama traveled to Buffalo to talk about the need for increased job creation, his top lieutenant in the House said her chamber is intensely devoted to doing just that.

During her weekly press briefing Thursday, House Speaker Nancy Pelosi (D-Calif.) lauded last month's report by the Labor Department, showing that nearly 300,000 new jobs were added to the economy, primarily in the private sector, and said reforming Wall Street will lead to even more job growth.

"Never again will recklessness on Wall Street cause joblessness on Main Street," said Pelosi alluding to a tough financial regulatory reform bill being debated in the Senate. "[Democrats] are on the side of the middle class [and] the Republicans are on the side of Wall Street," she added.

With the House having passed its energy bill late last year, the Speaker said she was "optimistic" about the odds of a similar bill in the Senate passing. Pelosi praised the legislation for its measures to create jobs as well as lower the country's dependence on foreign oil.