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Hall Calls for Reduced Spending, Balanced Budget on Tax Freedom Day


Location: Washington, DC

On Tax Freedom Day, Rep. Ralph Hall (TX-04) released the following statement:

"As we recognize Tax Freedom Day -- just one week after the President released his two-month-late budget proposal for fiscal year 2014 -- Americans are once again reminded of the need to rein in Washington's out-of-control spending and balance the budget in order to strengthen our economy and help people get back to work.

"2013's Tax Freedom Day, the first day of the year in which taxpayers have earned enough money to pay their taxes for that year, comes five days later than in 2012. The increased number of days Americans must work to meet the federal government's tab is primarily due to the fiscal cliff deal that raised taxes (which I opposed), and the implementation of "Obamacare.'

"Despite the fact that taxes were raised on hardworking Americans mere months ago and the national debt is nearly $17 trillion, the President's budget proposal for fiscal year 2014 does not even attempt to balance the budget. Instead, the President wants to raise taxes by $1.1 trillion, increase spending by $964 billion, and add $8.2 trillion in debt. The Congressional Budget Office projects that in 2013 the federal government will collect $2.7 trillion in taxes -- more revenue than at any other time in the history of the U.S. At the same time, we are on track for one of the largest annual deficits in our nation's history.

"House Republicans don't want to raise taxes in order to spend more of your hard-earned money on bigger government; we want to balance the budget, revive our economy, and improve the lives of all Americans.

"Recently, House Republicans offered a plan to get the national debt under control, encourage a healthier economy, and help create jobs.

The House's budget would:

· Stop spending money we don't have by cutting wasteful spending;

· Fix our broken tax code to create jobs and increase wages;

· Protect and strengthen important priorities like Medicare and national security;

· Repair the safety net and expand opportunity to all Americans; and

· Balance the budget in 10 years.

"I will continue to work for legislation that provides economic security and look forward to getting the national debt under control so all Americans can prosper, both now and in the future."

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