Reducing Spending and Debt

The size and scope of government has become far too large and is costing taxpayers a great deal of money while contributing to rampant waste, fraud and abuse. The national debt has eclipsed $18 trillion which is equivalent to $56,000 for every man, woman, and child in America. This mounting debt drains our economy, crushes our job creators, and burdens middle class families. 

In order to get our economy back on track, we must rein in federal spending. It would be immoral to stick future generations with the bill for Washington’s recklessness. We must address our fiscal problems now.

As your Congressman, I will fight to cut wasteful spending, advocate for lower taxes, and reduce the red tape and regulations that are strangling this economy.

The first piece of legislation I introduced this Congress as part of my ongoing initiative, Operation TAXPAYER, would require every proposed bill to undergo a “duplication score”, to determine if a similar program the bill creates already exists.

I joined the Chairman of the Judiciary Committee in introducing a bill that would amend the constitution to require Congress to balance the federal budget every year. Hard working American families are required to live within their means and balance their own budgets, Washington should live up to the same standards.

It is critical to our long term economic health that we rein in spending and balance our budget. We will begin to see our debt reduced only when we stop spending money we do not have.

Billions of taxpayer dollars are spent on wasteful and duplicative government programs, and it is crucial we reform the way our federal government spends your money.

I will continue to fight for a more fiscally responsible government while meeting our obligations to all citizens. 

 

More on Reducing Spending and Debt

October 25, 2016 Op-ed

New Horizons for New Hampshire in Manchester provides critical services, such as food, shelter, medicine and addiction counseling for our state’s homeless population. I recently visited there, helping volunteers to deliver hot meals to needy Granite Staters. When I was mayor of Manchester, I made their plight a priority, conceiving a 10-Year Plan to End Homelessness, and am proud to continue my work to alleviate poverty with House Republicans.

October 24, 2016 Newsletters

Dear Granite Stater,

    Ray, the Supervisor at Dover's water treatment facility, showed me around this week. I always enjoy a trip to the Seacoast region, especially when I can help Granite Staters overcome economic and regulatory issues that affect our daily lives.

October 17, 2016 Newsletters

Dear Granite Stater,

October 3, 2016 Newsletters

Dear Granite Stater,

September 29, 2016 Press Release

WASHINGTON, D.C. – Janet Yellen faced a question from Congressman Frank Guinta today that should have been easy for the Federal Reserve Chair, who testified to the strength of the U.S. economy but could not identify the Labor Force Participation Rate, a key economic indicator, which currently sits at an historically low level.

September 26, 2016 Newsletters

Dear Granite Stater,

September 23, 2016 Press Release

WASHINGTON, D.C. – The Association of Mature American Citizens (AMAC) has awarded Congressman Frank Guinta its 2016 AMAC Award, one of only two awards the organization's 1.3 million members present annually to members of Congress whose work to protect Social Security and Medicare stands out.

September 20, 2016 Press Release

WASHINGTON, D.C. – Congressman Frank Guinta (NH-01) today addressed a gathering of the National Association of Federal Credit Unions in the nation’s capital, speaking to members about the importance of community financial institutions to the country’s economy, specifically home, business and auto lending. He spoke about credit unions’ role in his own life.

September 15, 2016 Press Release

WASHINGTON, D.C. – The National Federation of Independent Business (NFIB), the nation’s leading advocate for small businesses, yesterday awarded Congressman Frank Guinta (NH-01) with its biennial Guardian of Small Business Award for his outstanding support of America’s small business owners in the 114th Congress. 

September 6, 2016 Press Release

MANCHESTER, NH –  The Environmental Protection Agency’s “MS4” Permit could cost taxpayers in southern New Hampshire hundreds of thousands of dollars, even millions, over the next few years. Locations potentially subject to new fees and penalties include 62 from Manchester to Plaistow, Portsmouth and Rochester.