It has been said a million times, but it bears repeating still: America’s enormous borrowing is catching up with us. The costs of doing nothing are very real. Medicare is going bankrupt. Future Social Security beneficiaries face an abrupt 22% benefit cut. Americans of all ages face massive tax increases, skyrocketing interest payments, and fewer job opportunities. We cannot tax and borrow ourselves out of this problem. We have to save Medicare and Social Security, cut wasteful spending, and get Washington out of the way of job creation. And we need to start today.
The Budget Committee proposal that House Republicans approved last week begins this important work. Called The Path to Prosperity, this budget cuts $6.2 trillion from President Obama’s spending plan – without raising taxes by a penny. During the budget debate, RSC members presented a plan that would have built on the Budget Committee’s proposal and balanced in just nine years. Although I was disappointed that our balanced budget proposal did not get the votes required for passage, I fully supported the Path to Prosperity.
This is a critical time in American history. The choices we make over the next two years will determine what kind of country our children will inherit. I will continue fighting to ensure the American Dream isn’t taken away from our children and grandchildren by those who seek to solve our problems at their expense.
God Bless,
Congressman Jim Jordan
Chairman, Republican Study Committee
"medicare is going bankrupt" why did the republicans add a drug benefit with no taxs to pay for it?
ReplyDeleteRepublicans can't find the "road to prosperity"!
ReplyDeleteAs far as the American Dream and connecting that with the Republican Party? Give me a break!
2 wars, protection of the oil companies, utility companies and their big boys on wallstreet took away the American Dream for a lot of people! They don't care, because their rich buddies still got their tax cuts!