Jobs, Taxes, & the Economy
Promoting a healthy, vibrant American economy.
There are two very different views in Washington right now about how to promote economic growth. President Obama keeps telling us that big government can solve our problems. We’ve tried that. And now we have more than $7 trillion new debt thanks to the President's efforts – and an economy still struggling to recover. Too many of our fellow Americans are unemployed or have lost hope and left the labor market entirely. How much more do hardworking taxpayers have to contribute to the President’s vision of big government before he acknowledges it isn’t working?
I believe the American people are the true drivers of economic growth in our country. I was a small businessman in Lubbock for many years before being elected to Congress, so I understand how policies from Washington can have a big impact on job growth and investment in local communities.
Right now, businesses are struggling under the tremendous weight of regulations, which hurts their ability to invest in new jobs. The role of the government should be to cultivate an environment where innovation, creativity, and expansion are the top concerns for businesses -- not red tape. Mandating small businesses spend their limited resources complying with federal regulations only limits their ability to hire more workers and grow our economy.
To get our country back on track, we must also address our overly complex and burdensome federal tax code. We need to reform the tax code with pro-growth policies that boost the economy with lower tax rates and fewer loopholes.
I’ll continue working to find ways to support and strengthen the small business sector, where much of the innovation for this country comes from, and to get big government out of the way of the private sector.
More on Jobs, Taxes, & the Economy
If you work in agriculture, you know that a lot of modern equipment like combines, planters, and harvesters have fuel tanks that can hold 250 gallons or more. But current government regulations prevent agricultural employees from transporting more than 118 gallons at a time. That means that during the busiest times of year, producers are forced to make multiple trips to the fuel station just to fill up their equipment. That adds time and money that they can’t afford.
As a small business owner, I put a lot of thought into each investment I made. If I needed to take out a loan to expand my business, you can bet I ran the numbers more than once, and considered all the pros and cons of taking on debt. So I was genuinely surprised when I got to Washington and realized that there wasn’t always a lot of discussion about raising our country’s debt limit. All too often, the debt limit was raised as part of another bill. I don’t think that’s right. When the government asks the American people to basically increase the limit on its credit card it should
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