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Democrats and Republicans At Odds Over Ways to Spur Economy

When it comes to fixing the economy, Democrats and Republicans just seem to fundamentally disagree about how to go about it.

Democrats want to see bills on the House that directly infuse the economy. By the same token, Republicans say they will jump-start the economy by peeling back what they believe are repressive regulations that inhibit job creation.

And Democrats are critical of the way Republicans are tackling the issue of putting people back to work.

"We've been here five weeks and not a single bill that proposes or creates a job," lamented Rep. Debbie Wasserman Schultz (D-FL).

Assistant House Minority Leader Jim Clyburn (D-SC) says that Republicans ran on something else.

"They went out and told the American people to put forth proposals to put Americans back to work," Clyburn said. "We want Congress to be proactive in this. We don't want to be laissez-faire."

But House Majority Leader Eric Cantor (R-VA) argues that the Democrats' approach is all wrong.

"I don't think Washington puts people back to work," Cantor said. "We want an environment where the entrepreneurial spirit of America can come back."

Republicans are crafting a series of bills designed to dial back federal regulations over the next several weeks.

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