Preserving America's unique role in the world requires getting the economy growing again. A truly effective deficit reduction plan is part of the process. Adm. Michael Mullen, former chairman of the Joint Chiefs of Staff, called debt the biggest threat to our national security.
Lasting debt reform must address exploding entitlement spending and recognize the power of economic growth to drive revenue. The President's push for tax hikes deters positive investment and entrepreneurship.
Lowering the corporate tax rate -- currently the highest in the world -- is one way we can keep America competitive and ensure that our job creators are not at a disadvantage in the global market. Simplifying the tax code and removing unnecessary regulations would help bring about the certainty that small businesses need to create jobs.
Fixing the debt and jumpstarting the economy are not mutually exclusive challenges. Constructive solutions are necessary for recovery and the assurance of America's future leadership.