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Posts Tagged ‘deficit’

Voters Want Less Spending, Not Higher Taxes, to Fuel Job Growth & Cut the Deficit

Wednesday, August 25th, 2010

Congressman Boehner argued in a major speech yesterday that, “We will not solve our fiscal challenges until we cut spending and have real economic growth – and we won’t have real economic growth if we keep raising taxes on small businesses.” Turns out a majority of voters in Ohio and elsewhere agree.

>> VOTERS WANT LESS SPENDING, NOT HIGHER TAXES: Reuters reports that “Americans want the deficit tackled through lower spending rather than through higher taxes.” In fact, “[n]early half of respondents, 49 percent” – a plurality – “said current tax rates should be maintained for all Americans.

>> A MAJORITY OF OHIOANS OPPOSE TAX HIKES: Michael Barone wrote in Real Clear Politics that “two-thirds of Ohio voters are dead set against tax increases.” The Dayton Daily News reported a similar finding this week, noting that “[s]ixty-two percent of Ohio likely voters” oppose raising taxes to fuel more government spending. Fifty-two percent of Ohioans oppose raising taxes on anybody.

In his speech, Boehner advocated for an “aggressive spending reduction program,” calling for a freeze on “federal spending at 2008 levels” and highlighting the fact that Republicans have “already identified $1.3 trillion in specific spending cuts that could be implemented immediately.” These steps are endorsed by a group of 100 distinguished economists who agree that spending cuts are needed to get our economy moving again.

Boehner was also clear as day on his opposition to tax hikes. He said, “Raising taxes on families and small businesses during a recession is a recipe for disaster — both for our economy and for the deficit. Period. End of story.’”

If you want to help John as he works to get our economy moving again, join the Boehner Campaigners today and help us lead the fight for a smaller, more accountable government in Washington.

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Boehner in Hamilton Journal News: Cut Spending, Stop the Tax Hikes

Tuesday, August 3rd, 2010

In an op-ed for the Hamilton Journal-News, Congressman Boehner addressed the uncertainty facing private sector employers here in our district due to the jobs-killing agenda of President Obama and Democrats in Congress. He wrote:

“Recently I held a telephone ‘townhall’ to listen to concerns and answer questions from 8th Congressional District constituents. …

“One caller, Sara in West Chester, expressed her concern about the looming tax hikes that are scheduled to go into effect Jan. 1, hitting millions of American families and small businesses at a time when they can least afford it. Certainly, this is one of the most important issues currently before Congress.

Small business operators in the 8th District and across the country today are filled with massive uncertainty as they try to determine how all of the new government regulations and rules in Washington Democrats’ new policies — like ObamaCare — are going to impact them, and they don’t know what the tax rates are going to be. As a result, they are holding off on hiring. …

“Instead of continuing on with more of this tax-and-spend agenda, it’s time that Congress got serious about reducing the size of government, and providing the fiscal discipline that more than 100 economists say is needed to help small businesses create jobs and get our economy moving again.”

Read Boehner’s full op-ed by clicking here. Boehner also appeared on Fox News Sunday to discuss the jobs-killing impact of President Obama’s spending spree and coming tax hike on families and small businesses, and to outline better ways to get our economy moving again. Here are some excerpts from Boehner’s interview:

Boehner said, “Let’s stop this stimulus spending that … is running up debt on the back of our kids and grandkids,” get rid of the wasteful Washington spending,” and “take away the uncertainty that is coming from this administration and this Democrat Congress, so that employers can reinvest in our economy.” And he said we need to “to keep tax rates low,” and make Democrats aren’t “going to increase taxes at a time when our economy is so weak.”

John has a lot of support for his vision of growing the economy, not the government. For example:

>> A new survey shows that 73 percent of Americans want to cut government spending, not raise taxes. Resurgent Republic found that “[w]idespread opposition to tax increases is grounded in the perception that the federal deficit is driven by too much spending rather than too little revenue.”

>> A letter signed by 100 economists argues that spending cuts are the best way to get the economy moving. Boehner presented this letter to President Obama himself.

>> Even the president’s chief economist, Dr. Christina Romer, thinks tax hikes will hurt economic growth. She wrote in last month’s issue of American Economic Review that “tax increases appear to have a very large, sustained, and highly negative impact on output” and that “tax cuts have very large and persistent positive output effects.”

If you want to help John fight to cut spending, stop the tax hikes, and get our economy moving again, join the Boehner Campaigners today.

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Boehner At the White House Speaks Out Against Small Business Tax Hike

Wednesday, July 28th, 2010

President Obama and top Democrats are pushing a small business tax hike to fuel more government spending. But Congressman Boehner is fighting back. Boehner, a former small businessman, confronted the president yesterday at the White House and made it very clear: the Obama tax hike “will hurt small businesses, many of which pay income taxes as if they are a household.” The Wall Street Journal reports:

“The president met this morning with House and Senate leaders from both parties, and a big part of the conversation was on the tax cuts, all of which expire at the end of the year if Congress does not act. … Boehner, an Ohio Republican, and other GOP leaders say all of the Bush tax cuts should be extended while the economy is still struggling to gain altitude. …

“A former small-business man himself, [Boehner] quoted a congressional Joint Tax Committee study that found that half of all small business income would get hit by the president’s planned Bush tax-cut lapse. Sure, the small businesses not making any money wouldn’t be affected, but the ones succeeding out there would.”

The Joint Tax Committee study referenced by Boehner can be found by clicking here.

John wants to cut government spending – and stop the tax hikes – to help create new jobs and get control of the deficit. And he has a lot of key support:

>> A new survey shows that 73 percent of Americans want to cut government spending, not raise taxes. Resurgent Republic found that “[w]idespread opposition to tax increases is grounded in the perception that the federal deficit is driven by too much spending rather than too little revenue.”

>> A letter signed by 100 economists argues that spending cuts are the best way to get the economy moving. Boehner presented this letter to President Obama himself.

>> Even the president’s chief economist, Dr. Christina Romer, thinks tax hikes will hurt economic growth. She wrote in last month’s issue of American Economic Review that “tax increases appear to have a very large, sustained, and highly negative impact on output” and that “tax cuts have very large and persistent positive output effects.”

If you want to help Boehner fight to cut spending and get our economy moving again, join the Boehner Campaigners today.

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Federal Deficit Tops $1 Trillion, Highlights Need to Cut Spending Now

Wednesday, July 14th, 2010

Associated Press reports that “with three months still to go in the budget year,” the “federal deficit has topped $1 trillion” for the second year in a row – an unsustainable pattern driven by “runaway government spending,” according to the Heritage Foundation’s Brian Riedl. Riedl explains:

“The fact is that rapidly increasing spending will cause 100% of rising long-term deficits.  … Using the budget baseline deficit of $13 trillion for the next decade as described above, CBO figures show spending surging to a peacetime record 26.5% of GDP by 2020 and also rising steeply thereafter. Putting this together, the budget deficit, historically 2.3% of GDP, is projected to leap to 8.3% of GDP by 2020 under current policies.”

Riedl notes that the massive “stimulus” spending bill is partly to blame for the “trillion-dollar deficits beginning in 2009.” But as economist Thomas Sowell argues, “the stimulus is not actually stimulating” and “the unemployment rate remains up near double-digit levels, despite all the spending…”

That’s why Congressman Boehner is fighting to cut government spending and help small businesses create new jobs. His goal is to implement reforms that boost our economy and help get control of the debt at the same time. Our 8th Congressional District – and Ohio overall – needs jobs, not more spending and more debt.

Unfortunately, the Democrats running Washington have no plan to create jobs and no plan to cut spending – they don’t even have a budget. Instead, they’re trying to deflect attention away from their failures by 1) attacking Boehner, 2) blaming Republicans for “stalling” their agenda (despite the massive Democrat majorities in both the House and the Senate), and 3) “planning an ambitious, lame-duck session to muscle through bills in December they don’t want to defend before November.”

But John’s not letting them get away with it. In a press conference today, Boehner explained that Democrats are in trouble because their jobs-killing agenda is “the opposite of the what the American have wanted”:

BOEHNER: “The president says we’re moving forward but the American people are asking, ‘Where are the jobs?’ Democrats say they’re focused on jobs but they can’t even fulfill the basic responsibilities of governing like doing a budget or passing a troop funding bill to take care of our troops.

“They’re going try to do everything they can to make this election about us because they don’t want it to be about them. But it is about them. They’re the ones who voted to increase taxes. They’re the ones who voted for these trillions of dollars in wasteful Washington spending. It was their majority that imposed ObamaCare on our country. You can’t take the focus off them. They can try all they want; they’ve got big majorities in the House and Senate, they have the White House, and the policies they’ve pursued have been the opposite of what the American people have wanted.”

With trillion-dollar deficits as far as the eye can see and a $13 trillion debt, it’s time to cut government spending now. If you want to get involved in Boehner’s campaign to cut spending and create jobs, click here to become a Boehner Campaigner today!

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Boehner: Canceling the Budget is a “Colossal Failure of Leadership”

Wednesday, June 23rd, 2010

Congressman Boehner is leading the charge to cut government spending in an effort to help create new jobs. That’s why, in a press conference today, Boehner called Democrats’ failure to pass a budget this year a “colossal failure of leadership.” Watch Boehner here:

Boehner wrote a post for The Hill website hammering home the importance of a budget and arguing that “the ideology of Washington Democrats” is to “just keep spending taxpayers’ money — with no plan, no discipline and no accountability”:

“[E]very American family knows what Washington Democrats can’t seem to grasp: In tough times it’s more important — not less — to have a budget, to set priorities and to live within your means. …

“This year alone, Washington will spend a record $3.6 trillion. That’s $31,000 per household, or one out of every four dollars made in America. But instead of cutting spending to create jobs, out-of-touch Democrats are doubling down.  In fact, since last year, the president has signed into law $1.8 trillion in new government spending and $670 billion in new job-killing tax increases, which has exploded the deficit and pushed the national debt over the $13 trillion mark, a number that will hit nearly $20 trillion by 2015.”

And all of Democrats’ spending, taxing, and borrowing is only making matters worse – in Ohio and across the country. In fact, the Washington Post reported today that the Democrat agenda is dampening economic growth and causing crippling uncertainty for private sector employers:

“The chairman of the Business Roundtable, an association of top corporate executives that has been President Obama’s closest ally in the business community, accused the president and Democratic lawmakers Tuesday of creating an ‘increasingly hostile environment for investment and job creation.’

“Ivan G. Seidenberg, chief executive of Verizon Communications, said that Democrats in Washington are pursuing tax increases, policy changes and regulatory actions that together threaten to dampen economic growth and ‘harm our ability . . . to grow private-sector jobs in the U.S.’

The Democrats running Washington don’t get it and aren’t listening. If you want to help Boehner fight to curb government spending, get control of the debt, and help small businesses create new jobs, click here to become a Boehner Campaigner today!

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Democrats Propose Middle Class Tax Hikes to Fuel Budget-Less Spending Binge

Tuesday, June 22nd, 2010

It’s official: the Democrats running the House of Representatives have abandoned what they once called “the most basic responsibility of governing – enacting a budget.” And Congressman Boehner is calling for quick action to make up for their failure by cutting spending and helping create new jobs.

Rather than cut spending to create new jobs, Democrats are punting on the budget process and eyeing middle class tax hikes in the meanwhile to fuel their reckless spending binge. Here are the stories:

>> THE HOUSE HAS PASSED A BUDGET EVERY YEAR SINCE 1974: “The House has okayed a budget resolution every year since Congress re-wrote the budget rules in 1974.” (House Majority Leader: No Budget This Year, Fox News, 6/22/10)

>> BUT NOT THIS YEAR: “Majority Leader Steny Hoyer made official Tuesday morning what most insiders have known for months: Congress won’t do a budget this year.” (Steny Hoyer: No budget this year, Politico, 6/22/10)

>> DEMOCRATS DON’T WANT TO MAKE TOUGH CHOICES BEFORE AN ELECTION: “Budgets require tough choices. Budgets require (at least notionally) that the numbers all add up. Budgets require leadership. … [I]f they actually did a budget, they would have to explain that in no uncertain terms in a budget document, which is not something they wanted to do.” (We don’t need no stinking budget, The Hill, 6/22/10)

>> THEY JUST WANT MORE SPENDING: “If Democrats pass the $50 billion for the states plus their $100 billion ‘jobs bill’ now in front of the Senate, this would mark the third and fourth spending bills — the stimulus plan and the Obama health care bill being the first two — that will have been enacted almost exclusively with Democratic votes.” (Spending Binge, Part Deux, Wall Street Journal, 6/18/10)

>> AND HIGHER, JOBS-KILLING TAXES TO PAY FOR IT ALL: “House Majority Leader Steny Hoyer said Tuesday that tax increases will eventually be necessary to address the nation’s mounting debt, raising a difficult election-year issue as Democrats fight retain control of Congress. … Republicans argue that many of the high earners who would face tax increases under Obama’s plan are small business owners struggling to stay afloat in a tough economy.” (Hoyer: Permanent middle class tax cuts too costly, Associated Press, 6/22/10)

>> EVEN IF IT MEANS BREAKING THEIR PROMISES: “Tax cuts that benefit the middle class should not be ‘totally sacrosanct’ as policymakers try to plug the nation’s yawning budget gap, House Majority Leader Steny Hoyer (D-Md.) said Monday, acknowledging that it would be difficult to reduce long-term deficits without breaking President Obama’s pledge to protect families earning less than $250,000 a year.” (Rep. Steny Hoyer says middle-class tax breaks may not be affordable long-term, Washington Post, 6/22/10)

With families and small businesses struggling under the weight of a $13 trillion national debt and sky-high unemployment, a group of 100 economists and Congressman Boehner have called on Democrats to quickly cut spending to help create new jobs and get control of the debt.

If you want to help Boehner fight to curb government spending, get control of the debt, and help small businesses create new jobs, click here to become a Boehner Campaigner today!

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Obama Kicks Off “Recovery Summer” By Kicking Workers Off the Job

Friday, June 18th, 2010

With a $13 trillion debt, double-digit unemployment in Ohio and 1-in-10 Americans out of work, and oil gushing out of the gulf, President Obama is visiting Columbus today to tout his trillion-dollar “stimulus” spending bill that didn’t work, according to the Columbus Dispatch. But as ABC 6 in Columbus reports, not everyone is happy about that – specifically the hundreds of workers being forced off the job to make way for the president’s PR tour:

Instead of kicking off his so-called “Recovery Summer” with a PR event that kicks hundreds of workers off the job, the president should be working with Republicans to cut government spending now to create new jobs.

According to U.S. News & World Report, a letter signed by 100 economists says the “economic stimulus has failed and that ‘immediate action is needed to rein in federal spending’”:

“There are, they say, a series of hurdles ahead on the road to economic recovery including the new burdens being placed on small business by the federal government, the threat of tax hikes, and the newly-enacted healthcare law, which will discourage hiring, increase the deficit and, the chief actuary of the U.S. Department of Health and Human Services recently concluded, raise healthcare costs.

“Obama is not alone in being singled out for criticism of his handling of the economy. The letter also references Congress’s failure to propose a budget for ‘the first time in modern history.’”

The Associated Press reports that even the president’s chief economist says the “stimulus” has “already had its biggest impact on economic growth and will likely not contribute to significant expansion next year.” It’s time to take real action.

Congressman Boehner and Republicans in Congress have a real plan for creating new jobs and it starts with cutting government spending now. If you want to help Boehner fight to curb government spending, get control of the debt, and help small businesses create new jobs, click here to become a Boehner Campaigner today!

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Boehner Presses White House to Ensure BP Pays for Gulf Cleanup, Cut Spending

Thursday, June 10th, 2010

Taxpayers are already struggling under the weight of a $13 trillion national debt and the Democrats’ unwillingness to pass a budget that cuts spending. They don’t need to be paying for the disaster BP created in the Gulf too. That’s why Boehner called on the White House to make sure “not a dime of taxpayer money” is used to clean up BP’s mess.

Boehner made his point crystal clear last month when it was reported that he said:

“We must stop the leaking oil, and help the Gulf recover, but we also need to know how it happened, who is responsible, and how we can prevent future incidents. The White House must ensure that BP bears the entire financial burden to clean up this disaster. Not a dime of taxpayer money should be used to clean up their mess.”

In a press conference today, Boehner reiterated that the first priority is to get the flow of oil stopped and then address the laws to make sure such a failure of oversight doesn’t happen again. From The Hill:

“‘Why don’t we get the oil stopped, figure out what the hell went wrong, and then have the hearings and get the damn law fixed,’ Boehner said at his weekly press conference on Thursday.”

Boehner has been clear that “British Petroleum is responsible; they and their sub-contractors are going to be responsible for cleaning up this mess,” but he’s also been critical of the federal government’s role in the disaster. On The Hugh Hewitt Show, Boehner said, “it’s pretty clear the government’s failed, in this case, the MMS, the Minerals Management Service, just like the government failed in Katrina, just like the government failed in the financial meltdown that occurred a year and a half ago.”

But that’s not all – Boehner also today gave the president a letter signed by 100 economists urging Congress to cut government spending to help create new jobs. US News & World Report has the story:

“Nearly 100 prominent U.S. economists including former CBO Director Douglas Holtz-Eakin, Ohio University’s Richard Vedder, and James C. Miller, III, who headed up the White House Office of Management and Budget under Ronald Reagan, are telling President Barack Obama that his economic stimulus has failed and that ‘immediate action is needed to rein in federal spending.’ …

“‘To support real economic growth and provide the spark needed to support creation of private-sector jobs,’ the letter, which was made public Thursday by House Republican Leader John Boehner, says ‘immediate action is needed to rein in federal spending, prevent job-killing tax hikes through the expiration of current tax rates, and reverse the harmful effects of the health care law on small businesses, the engine of job creation in our economy.’”

Boehner is leading the way on proposals designed to curb spending – proposals that would stop the bailouts of Fannie Mae and Freddie Mac (the mortgage giants that helped cause our financial crisis), cancel unspent “stimulus” money, and more. Read more about them here.

If you want to help Boehner fight to curb government spending, get control of the debt, and help small businesses create new jobs, click here to become a Boehner Campaigner today!

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Boehner Presses White House to Ensure BP Pays for Gulf Cleanup, Cut Spending

Debt Hits $13,000,000,000,000, $42K for Every American

Thursday, June 3rd, 2010

The national debt officially passed $13,000,000,000,000 this week, which “works out to an obligation of more than $42,000 for every U.S. resident” according to the Washington Times. And as Democrats continue to add to the debt, the unemployment rate remains in double-digits here in Ohio. How many Ohioans do you think have an extra $42,000 to pay for Washington’s wasteful spending?

Democrats talk a good game about fiscal responsibility but have no budget and no plan whatsoever to cut government spending and get control of the debt. Republicans do. And Congressman Boehner is leading the charge.

With more than 200 economists urging Congress to cut spending in order to create new jobs, Boehner is fighting to:

>> Impose strict, binding caps on all federal spending to “force Congress to sit down, go through the budget line-by-line, and make tough decisions”;

>> Shut down TARP and using the remaining funds for deficit reduction;

>> Freeze all non-defense, non-veterans’ health care spending for five years, and then allow it grow modestly after that;

>> Stop the bailouts and reform Fannie Mae & Freddie Mac, the root cause of our financial crisis;

>>Start cutting spending now by using the president’s rescissions authority; and more.

On Boehner’s watch, Republicans have also adopted a unilateral ban all earmarks, the pork-barrel spending that hurts local communities and hampers job growth. Hot Air Blog has more on the Republican proposals for cutting spending now.

While Boehner is a long-time opponent of excessive spending, he acknowledges that Republicans spent too much last time they ran Congress. The Wall Street Journal says “Republicans lost their majority in part because they lost their way on spending,” but …

“But since Mrs. Pelosi became speaker in 2007, the national debt has risen by more than $3.5 trillion. Democrats have placed America on a path to borrow an average of $1 trillion a year for the next decade, which is more than was borrowed from 1776 to 2000.”

The simple fact is that even when Republicans voted to curb spending, Democrats objected and pushed to spend more. They opposed measures like the Deficit Reduction Act that slowed the growth of entitlement programs, and since taking control of Congress, Democrats have taken their appetite for more spending, taxing, and borrowing to a whole new level. Enough is enough.

Under Boehner’s leadership, Republicans have gotten back to basics and fought to curb government spending, get control of the debt, and help small businesses create new jobs. If you’d like to join Boehner’s fight for reform, click here and become a Boehner Campaigner today!

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Boehner Pushes Spending Cuts As Democrats Add to the Deficit

Wednesday, June 2nd, 2010

More than 200 economists have urged Congress to cut spending in order to create new jobs and Congressman Boehner has risen to the challenge, promoting plans that would shut down TARP and using the remaining funds for deficit reduction; freeze all non-defense, non-veterans’ health care spending for five years; stop the bailouts and reform Fannie Mae & Freddie Mac; and much more.

But according to ABC News, the Democrats in charge have gone on an unprecedented spending spree, adding “$230 billion to the national debt” in just three months, and ignoring economists and beleaguered taxpayers alike. Watch the report here.

ABC says “It took the federal government 206 years to hit the first trillion dollars in debt. To go from $12 trillion to $13 trillion, it took a little more than six months.”

And according to the nonpartisan Congressional Budget Office (CBO), the Democrats’ government takeover of health care – billed by their leaders as a way to increase spending and reduce the deficit at the same time – “does not substantially diminish” the “rising costs of health care” that “will put tremendous pressure on the federal budget.” In fact, as Grace Marie-Turner writes in the Washington Times:

“Federal and state governments, as well as businesses, consumers and taxpayers, are finding they cannot afford this massive and unpopular health overhaul law.”

Democrats aren’t serious about cutting spending. Republicans are. And Congressman Boehner is leading the charge to help create new jobs and get control of our debt. If you’d like to get involved and help Boehner in his fight to cut spending and create new jobs, click here and become a Boehner Campaigner today!

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