More on Tax Reform
Representative Bradley Byrne (AL-1) released the following statement on Tax Day.
Our country is on an unsustainable fiscal course. On our current trajectory, the debt will reach nearly 170% of our national Gross Domestic Product by 2040. In just 10 years, we will spend more on servicing the debt than we will on national defense. With China already holding $12.3 trillion of our debt, a 47% share, there is no question we must take bold action to stem the flood of spending and debt that threatens to pull our country under.
Washington, DC – March 4, 2014 – Representative Bradley Byrne (AL-1) issued the following statement in response to President Barack Obama’s budget proposal released earlier today.
Byrne said: “The President signaled in his State of the Union address that he has little interest in working with Congress to find solutions that will move this country forward. Today, he is doubling down on that approach, submitting a bloated liberal wish list that will do little to pay down our debt, create jobs, or provide for a strong national defense.