My Response to the Senate's Fiscal Cliff Deal:
"I am committed to working with my colleagues in Washington until we have a deal that truly addresses the fiscal cliff problems we face: out-of-control spending, historic tax hikes on families and small businesses, and senseless sequester cuts. The House spent the last year working on solutions to these very real problems. Unfortunately, the Senate's last-minute deal does not even begin to address these issues, and that is why I cannot support it. This is a spending-driven crisis, and we are running out of road to kick the can down."
The Senate deal allows for a $600 billion tax increase on small businesses while providing minimal spending cuts and doing little to deal with devastating sequestration cuts that are scheduled to take place. The Congressional Budget Office determined that the bill will add almost $4 trillion to the deficit.
"I am committed to working with my colleagues in Washington until we have a deal that truly addresses the fiscal cliff problems we face: out-of-control spending, historic tax hikes on families and small businesses, and senseless sequester cuts. The House spent the last year working on solutions to these very real problems. Unfortunately, the Senate's last-minute deal does not even begin to address these issues, and that is why I cannot support it. This is a spending-driven crisis, and we are running out of road to kick the can down."
The Senate deal allows for a $600 billion tax increase on small businesses while providing minimal spending cuts and doing little to deal with devastating sequestration cuts that are scheduled to take place. The Congressional Budget Office determined that the bill will add almost $4 trillion to the deficit.