During the ongoing debate about the budget many have suggested, including the President, that tax increases need to be a part of any eventual solution to our deficit problem. I firmly reject this notion.
Our nation’s deficits are not because we are taxed too little, but because Washington spend too much. I disagree that the Bush tax cuts, or any tax cuts, are responsible for deficits because this assumes it is the government’s money and they allow us to keep some of it. Wealth belongs to those who work for it and the American people have agreed to give some of it to the government for critical priorities, not pork barrel projects.
I am a proud cosponsor of a balanced budget amendment to the U.S. Constitution that would limit the ability of the government to spend more than it takes in or to tax the American public beyond a fixed percentage of Gross Domestic Product (GDP). This amendment would force responsible spending practices by Congress and help us pay down the national debt. If we don’t act now, we will suffer permanent economic harm from our excessive tax and spending burdens.