Washington, DC -- U.S. Representative Judy Biggert (R-13th-IL) today issued the following statement regarding the Path to Prosperity, the House GOP budget proposal for Fiscal Year 2012, which cuts $6.2 trillion in spending from the president's budget over the next 10 years:
"This budget does the one thing that Washington has consistently failed to do for years: deal with reality. For too long, government has spent the taxpayers into a debt they cannot afford, and the result has been a drag on our economy and record unemployment. It's time to turn this behemoth around, provide relief to taxpayers, and give American businesses the certainty and stability they need to create jobs.
"No plan that cuts spending will be universally popular, but there is much to like in this budget. It protects the Medicare and Social Security benefits of our seniors, it simplifies the tax code, it ends the bailouts of Fannie and Freddie, and it places the highest priority on job creation and job training. In fact, the Heritage Center for Data Analysis estimates that it would create one million private-sector jobs next year alone. Most importantly, it reduces our crushing debt over a realistic time period and forces the government to live within its means.
"The president's budget doubles the debt and imposes $1.5 trillion in new taxes. The GOP plan simply does for our children and grandchildren what our parents did for us -- spend at historically sustainable levels of about 20 percent of the gross domestic product -- the post-WWII average. Every generation faces challenges, whether it's war, disease, depression, or social turmoil. But every generation of Americans has met those challenges and left behind a stronger legacy for the future. Don't we owe it to our children to do the same?
"I stand ready to work with those on both sides of the aisle to craft a fiscal plan that deals with reality, creates jobs, and preserves the financial security of future generations."