Johnson to Democrats:
Stop spending money you don't have
Washington,
Jun 24 -
Today U.S. Congressman Sam Johnson (3rd Dist.-Texas) took to the House floor to advocate fiscal restraint instead of hiking taxes to rev up the economy and spur job creation.
Recently the House Majority Leader Steny Hoyer (D-Md.) acknowledged that the House Democrats will likely raise taxes on hard-working Americans, despite multiple promises made by President Obama to protect families earning less than $250,000 a year.
In addition, Hoyer confirmed that the House will not produce a budget, removing all fiscal accountability and spending restraint. Johnson considers this a serious failure in leadership.
Johnson supports balancing the budget, cutting the deficit, paying down the debt and growing the economy by freezing non-defense discretionary spending, reforming entitlement spending, increasing tax incentives for small business and job creation, and lowering taxes for hard-working Americans.
Prepared remarks follow:
“Madame Speaker, a recent New York Times poll indicates that 54 percent of the public believe that the President does not have a clear plan for creating jobs. Clearly, the failed $ 1 trillion stimulus plan created to keep unemployment below 8% shows the President’s inability to lead.
“The dismal numbers come as the Democrats neglected to produce a budget and the Majority Leader announced that the Democrats will raise taxes to pay for more government spending. I say cut government spending so you don’t have to raise taxes.
“While they should be focused on creating jobs, the Democrats have proven that the only thing they can do well is tax and spend. Here’s a novel idea that the American people know from personal experience – stop spending money you don’t have!”
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