Rep. Tom Graves (R-GA-09) released the following statement today, after voting for HR 5652, the Sequester Replacement Reconciliation Act of 2012. HR 5652 makes targeted spending reductions to mandatory programs, which is one of the key drivers of the national debt. This bill achieves these savings with common sense solutions, like closing a loophole in the child tax deduction that has enabled illegal immigrants to wrongfully obtain federal refunds. In addition, the legislation would reduce the size of government by eliminating more than $238 billion in spending over 10 years, without touching Medicare or Social Security.
"As all Americans know, the debt is a serious problem, and it isn't going away. Every bit of legislation Congress considers needs to address the following question: "Is this the most responsible use of the people's money?' This bill slashes mandatory spending, which is one of the biggest drivers of our current fiscal crisis. There is still much to be done when it comes to putting our fiscal house in order, but this legislation moves us toward a smaller, less burdensome federal government."