37 days have passed since House Republicans approved a bill to cut spending and fund the government for the rest of the year. The bill would cut about $4 out of every $1,000 in deficit spending, yet liberals have so far rejected even this modest first step. To top it all, Senate Democrats still have no credible plan of their own. With the current stopgap funding set to expire on April 8, it’s time for lawmakers to show some discipline and finish the budget that Democrats were supposed to write more than 6 months ago.
A recent report from the Joint Economic Committee found that when countries undertake spending-cut programs to reduce government budget deficits and stabilize the level of government debt, they were able boost economic growth and job creation. Cutting spending without raising taxes has historically helped the economy. The sooner we act, the better off American families and businesses will be.
God Bless,
Congressman Jim Jordan
Chairman, Republican Study Committee
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“I understand that maybe some people who originally decided to use that math may not want to use that anymore,” Pfeiffer said today. “There are innumerable quotes, many of them in stories in papers that you guys did on that day, with Republican leadership saying that they cut $100 billion on that day. By that measure we have come half way.”
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