Congressman John Culberson (TX-07) voted in support of the House Republican budget that will drastically cut federal spending and scale back the size of the government, but also protect funding for our military and reform critical health and retirement programs for our seniors.
"The most serious threat to our nation's defense is our debt," said Rep. Culberson. "The Republican budget is the only budget plan that has been offered that makes an earnest effort to cut year-to-year spending, safeguard our military defenses, and rescue Medicare, Social Security and Medicaid from bankruptcy. The House unanimously rejected the president's budget 414-0. Over the last four years we have seen more spending in the entire history of our country and every failed attempt at a so-called recovery has cost the taxpayers even more.
"The Republican budget focuses on pro-growth tax reforms and cleans up loopholes in the tax code that hinder economic growth. Additionally, it will lower the current astronomically high corporate income tax to level the playing field for American businesses to re-invest here at home. The bill will privatize sectors of the government. Taxpayers will no longer be on the hook for the trillion dollar gamble for housing giants Fannie Mae and Freddie Mac.
"Regardless of the Supreme Court decision on the constitutionality of the individual mandate, this budget will repeal the exchange subsidies in the president's health control law, saving roughly $808 billion over the next ten years by abolishing the government spending and making sure that not a penny goes toward implementing the new law. The Republican budget will reduce the power of the federal government and give the people more control of their personal choices and financial futures. As a staunch constitutional conservative, I will always fight to ensure that our country remains in control of the American people, not Washington bureaucrats."
Congressman John Culberson (TX-07) is the cosponsor of HR 2560, the Cut, Cap and Balance Act and HJRes. 2, Proposing a Balanced Budget Amendment to the Constitution.