Today, Congressman Marlin Stutzman (IN-03), a freshman member of the House Budget Committee, issued the following statement on the passage of The Path to Prosperity.
"Again the House is offering credible solutions to tackle our debt problem," said Stutzman. "While the White House and Senate choose to sit on the sidelines, we are offering the American people leadership. Taxpayers don't want gimmicks, fine print, or excuses. They want credible options that meet our nation's problems head-on. That's exactly what this budget offers. This budget addresses the drivers of our debt, cuts government spending, ensures long-term security for Medicare, and promotes job creation with tax reform for our nation's small businesses. These are bold ideas. We know that, in a city that fumbles from one election year to another, this will be a target. My colleagues and I firmly believe that, if we focus on getting the policies right, politics will take care of itself. Americans are looking for leaders."
The Path to Prosperity wouldsave taxpayers more than $5 trillion over the next ten years, simplify an overly complicated tax code, strengthen Medicare for future generations, and keep America's military strong.
* Controlling Spending and Lifting the Debt: The budget saves taxpayers over $5 trillion over the next ten years, relative to the President's budget. The Path to Prosperity charts a sustainable path forward, ultimately erasing the budget deficit completely, and begins paying down the national debt.
* Reforming the Tax Code: Unlike the President's budget proposal which includes roughly $2 trillion in tax increases on hardworking Americans, The Path to Prosperity does not raise taxes. Instead, it would enact pro-growth tax reform, consolidating an overly complicated tax code into just two individual income brackets of 10 and 25 percent, reducing the U.S. corporate rate to 25 percent, and shifting to a "territorial" tax system that encourages companies to bring back foreign earnings and invest in the United States.
* Saving and Strengthening Medicare: The President continues to ignore Medicare's looming insolvency, compounding the danger with a health care law that empowers unaccountable bureaucrats to cut the program in ways that would deny seniors access to health care. Instead of overlooking the fiscal reality, The Path to Prosperity embraces bipartisan solutions to preserve the Medicare guarantee, ensuring no disruptions for those in and near retirement.
* Prioritizing Defense: Rather than gutting defense, The Path to Prosperity addresses the actual drivers of the debt. By responsibly reprioritizing savings called for by The Budget Control Act, it would make certain that our troops and military families don't pay the price for Washington's failure to take action.
Congressman Stutzman represents the 3rd Congressional District of Indiana and serves on the House Committee on Agriculture, the House Committee on the Budget and the House Committee on Veterans' Affairs, Subcommittee on Economic Opportunity. Indiana's 3rd District contains all of DeKalb, Kosciusko, Lagrange, Noble, Steuben, and Whitley counties, as well as parts of Allen and Elkhart counties.