From Congressman Michael McCaul
After losing a Senate seat in Massachusetts and a year of failed policies Im glad the President is finally listening to the American people and coming around to policies that conservatives have been advocating for years giving tax breaks to small businesses that create jobs and cutting the capital gains tax.
However the President cant have it both ways. Cutting some taxes while raising others to pay for new expensive government programs doesnt add up.
What people want and what our country needs is a real commitment to create jobs improve the economy and cut the deficit not just expand the welfare state.
Unfortunately the President still does not show a commitment to cut spending.
His $250 billion in savings over the next 10 years is merely symbolic and is a drop in the bucket compared to our trillion dollar annual deficits.
A spending freeze on discretionary programs only serves to secure the 57 increase in spending that the President approved in his first year in office. At this rate our $12.2 trillion national debt will continue to climb.
Last night in his State of the union speech the President demonstrated that he either fails to understand the severity of our debt or he prefers to ignore the American peoples cries to stop digging a hole for our children to climb out of.
If the President is serious about getting Americas fiscal house in order he can start by setting aside his $1.2 trillion government takeover of our healthcare system and instead focus on only the necessary reforms.
I join the rest of the House Republican leadership in once again offering our proven strategy of creating jobs and stimulating economic growth by permanently cutting taxes for families and small businesses and cutting the record deficit.
