A federal fiscal year 2012 budget proposal released by Republicans, here, Tuesday afternoon, would cut spending by $6 trillion and create millions of new jobs.
So said Rep. Rob Bishop, R-Utah, in commenting on the budget released by House Budget Committee Chairman Paul Ryan: "The Path to Prosperity: Restoring America's Promise."
"The Republican budget takes the necessary steps to cut spending by $6 trillion and create more than two million jobs over the next 10 years," Bishop said in information released to the media.
"This is in stark contrast to the budget introduced by President Obama, which would add $9.1 trillion to the national debt over the next decade, create massive new tax increases and continue to foster growing uncertainty preventing businesses from creating jobs for millions of Americans," he continued.
"In addition to proposing sweeping reforms to federal spending, reducing it to 20 percent of gross domestic product (GDP), the Republican budget reduces deficits by more than $4 trillion and would completely repeal and defund ObamaCare," Bishop said.
"This is a very historic time in our nation's history," the former Box Elder High School history teacher said. "There is a very real possibility that the federal government enters into a shutdown.
"This is all because Democrats in Congress failed to pass a budget last year, leaving the new Republican majority to fix the mess they left behind.
"We are taking necessary steps to do just that; however, the Senate refuses to act, leaving millions of hard-working Americans in the lurch," he said.
"By introducing today's budget, Republicans are taking steps to ensure we not only address the current fiscal crisis, but also put our country on track to greater economic prosperity."
Both Senators Orrin Hatch and Mike Lee have recently proposed their own balanced budget proposals, as has Bishop.