Senator Blunt knows that economic stability and certainty are vital to ensuring that businesses grow and create more private-sector jobs for Missourians. Unfortunately, the uncertainty in the marketplace undermines job creation by limiting long-term business planning and disrupting strategic growth and investment opportunities for businesses small and large.

Lower taxes mean more money for businesses to expand operations and create jobs. The United States currently has the second highest corporate tax burden in the world, putting our country’s employers at an enormous competitive disadvantage. As a result, U.S.-based companies are less likely to maintain domestic operations and create new jobs. Minimizing regulation and changing the tax code to create more long-term stability and confidence would encourage taxpayers and investors to make business decisions that are market driven, providing much needed sustainable growth to our economy.

Senator Blunt believes that sound tax policy must always work in tandem with responsible spending, including prioritizing discretionary spending in our federal budget and cutting unnecessary, duplicative programs. The unsustainable path of spending and borrowing must be reversed. The debt now owed by the United States has ensured that future generations will be saddled with debt tomorrow because of fiscal irresponsibility today. Now is the time to reverse these failed spending policies and once again place the United States on sound financial footing.

In recent years, the United States Congress has abdicated its Constitutional responsibility of setting spending priorities and passing an annual, fiscally responsible federal budget. Instead, Congress spent precious time and even more precious financial resources to pass a “stimulus” bill that has failed to achieve nearly all of its stated objectives, particularly the Administration’s stated goal of keeping unemployment under 8 percent. This sort of reckless spending has burdened future generations with huge debts with little to show for it.

Returning fiscal sanity to our government’s budget is one of Senator Blunt’s top priorities. The best thing Congress can do right now to help the economy is to adopt sound, long-term spending priorities which would encourage private businesses to innovate and invest, creating jobs and growing the economy out of this recession.