Cap Federal Spending

Press Release

Date: Dec. 15, 2010

We face many challenges as a country, but after four years in Washington and a lifetime in business, I believe unsustainable spending habits and fiscal insolvency pose the greatest threat to our economic stability, freedom, way of life and future as a nation.

We are in real danger of becoming the first generation of Americans to leave our country in worse shape than we found it. The time to act is now.

To that end, I have offered an amendment to the tax package to cap federal spending as a percentage of GDP, a move that would instill fiscal discipline and smaller government while incentivizing lawmakers to pass pro-growth policies. This bipartisan amendment won't be debated or voted on this year, but hopefully it and other efforts will lay down a marker and build momentum in the new Congress for tangible, meaningful action to get government spending under control prior to a vote on the debt ceiling.


Source
arrow_upward