Economy and Jobs
With the U.S. national debt clocking in at nearly $18 trillion, or $153,000 per taxpayer, it is more important than ever for the federal government to stop spending more than it takes in.
We need to get our fiscal house in order by cutting spending, balancing the budget, and shrinking the deficit. Across the nation, families and businesses have cut back and stretched their hard-earned dollars in order to make it through the sluggish economy. The government must do the same. We’re facing a fiscal crisis because Washington spends too much and wastes too much.
As a business owner with more than 41 years of private sector experience, I know that government cannot create jobs; only entrepreneurs can do that. But government can destroy jobs through high taxes, big spending and over-regulation. With historically high unemployment rates and record low labor force participation, it’s clear that President Obama’s economic policies aren’t working. We need a new approach to get the economy moving, and we need to take power away from Washington and give it to families and small businesses.
As a member of the House Budget Committee, I support the House Republican Fiscal Year 2015 Budget Resolution. This budget stops spending money we don’t have and reduces deficits by $5.1 trillion over the next 10 years. It targets wasteful spending and reforms the drivers of the debt. This budget would improve our broken tax code to create jobs and increase wages, protect and strengthen important priorities like Medicare and national security, and reform welfare programs like Medicaid so they can deliver on their promise.
I will continue fighting to cut federal spending and get our country back on the path to prosperity, without raising taxes. By applying the same principles that families and businesses use every day, our country’s best financial days will surely be ahead of us.