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Concurrent Resolution on the Budget for Fiscal Year 2014

Floor Speech

Date: March 20, 2013
Location: Washington, DC
Issues: Monetary Policy Government Budget and Spending

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Mr. WILLIAMS. Mr. Chairman, we owe it to the American people to produce a smart, responsible budget; a budget that balances, that encourages job growth, and supports job creators; a budget that simplifies our overly complicated Tax Code and lowers tax rates for corporations and the middle class.

This budget just doesn't add up. In fact, it further complicates the Tax Code and will greatly hamper job creation. It would create five new tax brackets for upper-income individuals and small businesses, and would raise taxes on hardworking middle class Americans. It's not good policy to raise taxes ever, and especially not in a struggling economy.

I know what it takes to run a successful business. I have owned and operated my small business for 41 years, and it was said I walked the walk, I talked the talk.

This budget won't work in the real world, and it won't work in any world. This budget contains trillions in new taxes, trillions in new spending, and adds trillions more to the deficit. Pretty soon this budget would need its own bailout.

The American people deserve better. They beg for the Ryan budget. I urge my colleagues to vote ``no'' on this substitute.

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