March 7, 2014
If there is one thing every American family can agree on, it’s that they all depend on a budget that fits their family’s needs. They know how much money they can spend for the week, month, and year on gas, groceries, utilities, and living expenses. One would think that the President would be able to do such an important, yet simple task that every family must do. This past week the American people saw that the President disregards the importance of a balanced budget. His budget has the country spending more than we can and continues to expand the size of government.
I know when I owned a small business and made a budget for my own family, we made sure it would balance. The President on the other hand, doesn’t see a balanced budget as a top priority because his will never balance. It would add $8.3 trillion onto the debt over the next ten years. Families and business around the country would never operate on such a scale that they would be unable to pay back their debts. The American people deserve better and leaving them with a gross debt of $25 trillion in the next ten years is inexcusable.
Since 2009 we have spent $17.6 trillion and added $6.8 trillion to the debt. Along with increasing spending and our country’s debt, the President’s budget expands the size of government. Last year the President signed the bipartisan budget deal and touted it as an accomplishment, yet now the President has violated that agreement with a dramatic increase in spending.
This proposed budget is a sign that the President has chosen to give up on any efforts to address our country’s serious fiscal problems. He proposes to raise taxes by $1.8 trillion, only to spend MORE taxpayer money rather than to reduce the deficit. Roughly half of the new tax hikes would be dedicated to new spending rather than deficit reduction.
My colleagues and I in the House have placed our priorities on fairness for all and creating jobs. This budget is irresponsible and has no regard for our country’s future generations. Our children and grandchildren will be left with serious fiscal challenges due to the irresponsible spending and taxing. The regulations coming out of Washington are crippling families and young people alike. They are unable to find work due to the President’s healthcare law and are living paycheck to paycheck. You and your family deserve better and the House is working to produce a responsible budget that will balance and promote job opportunities while reducing government involvement in your everyday lives.