On September 8, 2010 House Republican Leader John Boehner called for immediate bipartisan action on a two-point plan to address the economy and excessive spending. Boehner’s plan calls on Congress to first pass a bill that would scale back government spending to FY 2008 levels – before the TARP and bailouts. Not only would this provide fiscal discipline (imagine that), but it would save an estimated $100 billion of taxpayer money this year alone. The second leg of the plan calls to enact a two-year freeze on all current tax rates. This would thwart the largest tax hike in our nation’s history and give families and small businesses certainty of what to expect next year.
Immediate and decisive action must be taken. Boehner’s “freeze and cut” proposal is a necessary step for Washington to resuscitate the fragile economy. Furthermore, this plan would prevent a lame-duck Congress from writing another bloated spending bill. House Republicans have heard your concerns this summer and will continue to fight for fiscal discipline and relief from an overbearing government.
If you would like to provide feedback on Leader Boehner’s new economic proposal, I encourage you visit his America Speaking Out submission by clicking here.