Republicans are working to reduce our deficit and protect America’s national security this week by replacing an automatic “sequester” the Obama administration says would “devastate” our military. At a time when energy prices are high and jobs are scarce, the GOP bill makes common-sense spending reductions and reforms while protecting our troops and their families.
What is the Democratic-controlled Senate up to? Not a whole lot. Even with a $15 trillion debt – and national security at risk and student loan interest rates about to double – Democrats aren’t even trying to pretend they’re interested in cutting spending. Consider that Democrats…
- Haven’t offered a budget in three years. Senate Democrats decided (again) they didn’t need to do a budget, and President Obama’s budget didn’t get a single vote in the House. The House-passed Republican budget, Speaker Boehner says, is “the only responsible budget in town” and is “good for our economy and our future” because it “cuts spending, promotes small business jobs, repeals ObamaCare, and implements a real ‘all-of-the-above’ energy strategy.”
- Have no plan to protect our troops. Senate Democratic leaders seem content with doing nothing and leaving an automatic “sequester” to “hollow out” our armed forces, in the words of the Obama administration. Instead of allowing Washington’s failures to jeopardize our national security, the House bill (read it here) stops Dodd-Frank government bailouts, eliminates fraud in taxpayer-funded benefit programs, and more.
- Won’t cut an ObamaCare slush fund to stop student loan rates from doubling. Democrats passed legislation in 2007 that doubles student loan rates this summer – and Senate Democrats still haven’t passed a bill to stop it from happening. Democrats want tax hikes that would only hurt our economy and make it harder for college graduates to find jobs. The House, on the other hand, paid for an extension by cutting a slush fund Democrats previously supported cutting.
- Are wasting time on political gimmicks and straw men. First, it was the Buffett Tax hike, then it was the pledge to crack down on nonexistent manipulation in the oil markets, and then it was a fake fight over student loan rates. The White House will do anything - it seems - except work with Republicans to cut spending and create a better environment for private-sector job growth.
- Want higher taxes and more government spending. They’ve added more than $5 trillion to the debt during President Obama’s short tenure, and are insisting on tax hikes that would raise energy prices (after gas prices already doubled under the Obama administration) and weaken our economy (after the longest stretch of 8%+ unemployment since the Great Depression).
Stopping Washington from spending money it doesn’t have is an important part of the Republican Plan for America’s Job Creators. That’s because, as Ways & Means Committee Chairman Dave Camp (R-MI) told Fox Business today, our spending-driven debt is costing jobs and “suppressing economic growth.”