LOOKING AHEAD TO THE LAME DUCK: House Republicans believe it would be irresponsible for the President or either party in Congress to voluntarily drive the government off the fiscal cliff. The damage to America's weak economy could be significant.
President Obama does not have a mandate to raise taxes. The strong re-election of a Republican House makes it clear the American public rejects taking more of what families or small businesses earn. Since the President has spent the last four years dividing the nation, he holds a special obligation to begin to heal the nation by working with us to find solutions that can pass both the House and the Senate.
Stronger economic growth from tax reform that lowers rates and closes loopholes will generate higher revenue to bring the deficit down. That needs to be coupled with reforms that preserve Social Security & Medicare and authentic spending restraint. Balance = economic growth and spending cuts.
President Obama does not have a mandate to raise taxes. The strong re-election of a Republican House makes it clear the American public rejects taking more of what families or small businesses earn. Since the President has spent the last four years dividing the nation, he holds a special obligation to begin to heal the nation by working with us to find solutions that can pass both the House and the Senate.
Stronger economic growth from tax reform that lowers rates and closes loopholes will generate higher revenue to bring the deficit down. That needs to be coupled with reforms that preserve Social Security & Medicare and authentic spending restraint. Balance = economic growth and spending cuts.