Smith Statement on Chairman Ryan’s Proposed Budget Resolution

by Lamar Smith on April 5, 2011 at 5:20 PM

Today, I issued the following statement regarding Budget Committee Chairman Paul Ryan’s (R-WI) fiscal year 2012 House budget resolution, “The Path to Prosperity: Restoring America’s Promise.”

The budget House Republicans introduced today focuses on the American people’s priorities – cutting spending and creating jobs. We know that our country is currently facing a debt crisis. We currently borrow almost 40 cents of every dollar we spend. The President’s recent budget proposal would make things worse. His budget plan doubles the debt held by the public at the end of his first term, and imposes $1.5 trillion in new taxes.

The Path to Prosperity proposal addresses all aspects of out-of-control government spending. This budget cuts $6.2 trillion in government spending over the next decade compared to the President’s budget. It keeps taxes low and reforms our tax code to help businesses invest and grow. It also repeals and defunds the Democrats’ health care law, and advances solutions focused on lowering costs.

We must take steps now to secure the economic future of our nation. This budget is a common-sense plan to reform government and cut spending so that we can provide our children and grandchildren with a brighter future.

Tags: 
Paul Ryan
2012 Elections

Comments

Submitted by TexasGOPVote on April 5, 2011 at 5:22 PM

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Submitted by Rick Austin on April 6, 2011 at 9:30 AM
  This budget does nothing to secure or childrens and grandchildrens future, in fact it does just the opposite, is passed it puts their future ingrave danger
Rick AustinWaco, Tx

Submitted by Anonymous on April 8, 2011 at 2:41 PM
I have been listening to the same old story my entire life. "Our children will never be able to pay for this or that". You would think after 50 years our congress and house would get a new story.

If this were true we would already be broke and living in tents. When you use the word conservative you are referring how we tax business and not how we want American familes to act. Although, Americans will need to be conservative in order to help big business meet it's bottom line. After all, there first oblication is too their shareholders!

I think we should shut down the government and hold a new election and get rid of every single one of our self serving congress and house members. The budget is not about business, it's about us...WE THE PEOPLE!

ONE BIG FLUSH!
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