Jordan Aims To Reduce Spending, Deficit By $80 Billion
Press Release
Congressman Jim Jordan (R-OH), Chairman of the Republican Study Committee's Budget and Spending Task Force, took to the House floor to offer the first of nine budget-cut amendments designed to reduce federal spending by more than $80 billion.
"Getting a handle on the out-of-control spending in Washington D.C. is my top priority," said Jordan. "Families and businesses across the country are tightening their belts in these tough economic times, but Congress continues to spend like there is no tomorrow. For the sake of future generations, we have to restore a sense of fiscal responsibility to this town, and my amendments are a modest first step in doing so."
Jordan said his proposal would return spending for most federal agencies to 2008 levels, before over $2 trillion was spent on taxpayer-funded bailout and stimulus bills.
"We can save more than the entire two-year state budget in Ohio by simply asking non-defense federal agencies to continue operating on the same budget they successfully operated under just 12 months ago," noted Jordan.
Jordan said that he offered more than $20 billion in budget cuts under the Bush Administration, saying that responsible spending is an issue that both Republicans and Democrats must take seriously.
"Hard-working Americans are tired of seeing the federal government grow faster than taxpayers can afford," said Duane Parde, President of the 362,000-member National Taxpayers Union. "Congressman Jordan deserves praise for his common-sense proposal to reduce federal spending without forcing agencies to take drastic measures. American families have had to rethink their budgeting to make ends meet - at the very least, Congress should be able to do the same."
Jordan concluded, "Federal Reserve Chairman Ben Bernanke brought his message to Capitol Hill and it fell upon deaf ears; we have a $2 trillion budget that needs to be reduced while we consider countless spending measures on the House floor. This is a sacrifice that needs to be made for the sake of our country."
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