Roby's Statement on Obama's Deficit Reduction Proposal
U.S. Rep. Martha Roby comments on the President’s recently proposed deficit reduction plan.
“From the Rose Garden yesterday, the President finally outlined his response to our nation’s debt crisis. The President is asking Congress to spend even more stimulus money now with the hope that the deficit reduction committee will somehow find a way to pay for it later. That is a failed approach, which the American people reject.
“The President has chosen a path of new taxes instead of new cuts. This makes the work of the Joint Select Committee now a ‘fall back’ for the President’s proposed tax increases.
“The President’s suggestion that we pay for his stimulus programs by raising taxes $1.5 trillion in the middle of a fragile economic recovery is a step in the wrong direction. Now is not the time to be raising taxes on anyone. The best way to reduce the federal deficit and propel this country forward is by seeking common ground solutions in areas where we can cut unnecessary spending. Washington should not rely on Americans to dig deeper into their pockets to pay for politicians’ reckless spending over the last few years.
“We need to continue making progress restraining federal spending and removing the threat of new regulations—such as those being pushed by the EPA and the NLRB—that, together, are holding back growth and job creation. Real savings can be accomplished without forcing drastic tax increases that will penalize hard work, innovation and success in our country even more than we already do,” said Rep. Roby.