Congressman Hinojosa Supports Long-Term Economic Plan For America

Press Release

Congressman Hinojosa Supports Long-Term Economic Plan For America

Today, Congressman Rubén Hinojosa supported the long-term economic plan that puts America on a path towards renewed prosperity and growth. The plan cuts taxes, cuts the deficit, puts restraints on spending and makes targeted investments in health care, energy and education that will grow the economy and create jobs.

"This budget is a long-term economic plan that includes targeted investments that will create new jobs, help transform our economy with clean American energy, prepare our students for the jobs of the 21st century and reform our health care system to make it affordable for families and help businesses compete." said Congressman Hinojosa.

The budget resolution takes significant steps reduce health care costs - one of the largest contributors to the deficit and a drag on American businesses - improving the quality of care and expanding coverage, without adding to the deficit. The long-term economic plan also increases investments in new energy technologies made in America, and lays the groundwork for legislation that will cut pollution and reduce our dependence on foreign oil.

Congressman Hinojosa touted the budget for its fairness to American families and fiscal responsibility - cutting taxes on almost all American families and cutting the deficit by nearly two thirds by 2013.

"This plan will make America stronger and give the people of South Texas more tools to achieve prosperity in these tough times," said Congressman Hinojosa. "It will take time to turn our economy around, but this budget is a bold step in the right direction."

The plan approved by the House today ushers in a new era of honesty and accountability in budgeting. While the previous administration masked costs like the wars in Iraq and Afghanistan and natural disasters to make the deficit appear smaller, President Obama and this Congress are including estimates of these costs for every year in the budget. The budget also reinforces a commitment to statutory pay-as-you-go (or PAYGO) rules, an important tool of fiscal discipline.

"This economic plan saves taxpayers billions of dollars with new initiatives to root out waste, fraud and abuse," said Congressman Hinojosa. "We must make smart investments in our future, but review every taxpayer dollar spent as we go along to restore fiscal accountability. The long-term economic plan we passed today is a much needed step towards getting America back on the road to prosperity."

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