Today, U.S. Congressman Steve Pearce voted against the Senate's package of tax increases for Americans and small businesses.
"I cannot support this or any plan that doesn't provide a solution," said Pearce. "Washington doesn't have a tax problem, it has a spending problem. The President has said we shouldn't raise taxes in a recession, because he understands that no matter who we tax, it will slow our economy without fixing our debt problem. Still, this is exactly what he proposes we do.
"The House has already passed numerous bills to avert the Fiscal Cliff. We have given the President and the Senate the opportunity to take steps toward solving our debt crisis, while making sure that the damaging impact of sequestration and tax increases are avoided. Instead of acting in the same spirit, the senate and the president want to raise taxes and continue the federal spending spree.
"We need a plan that will help our seniors. As the government continues to print more money, the value of hard-earned retirement savings deflates, leaving our seniors with inadequate funds. All the while, our government is ignoring the problems facing Social Security, Medicare, and Medicaid. Our seniors will go on getting the same old sad government services, despite tax increases and inflation.
"Real tax reform could make America competitive again, and bring manufacturing jobs back home," Pearce continued. "Instead, the White House wants to pile a jumble of even more taxes onto Americans' backs. Americans deserve honesty from Washington. They deserve a real solution that spends tax dollars efficiently and effectively, instead of wasting them and then demanding more. They deserve a government that will make the tough decisions, live within its means, and control spending--just like millions of American households have to do every day.
"Everyone knows the Euro Zone is in crisis, but America's debt-to-GDP ratio is as bad as countries like Ireland and Portugal! More taxes and more spending haven't solved the problem for Europe, and they won't help us here. The President is deceiving Americans by promising new taxes can help, while in reality they won't scratch the surface of our mounting debt. Today's bill does nothing to address Washington's reckless spending spree, and it does nothing to put Americans back to work. I call on the White House and the Senate to get serious about our nation's debt problem, and stop kicking the can down the road."
Pearce also directed constituents to a new feature on his website, www.pearce.house.gov/debt, where over a trillion dollars in spending controls are identified--not by cutting key programs, but simply by forcing bureaucracies to address waste, fraud, and abuse. New Mexicans can make their voices heard on the site by identifying which changes in federal spending they would support.