The Great Struggle - Opening Statement House Budget Committee
March 13, 2013
Congressman McClintock delivered the attached opening statement at a hearing of the House Budget Committee held to consider the 2014 fiscal year budget bill.
Congressman McClintock, a member of the Budget Committee, voted in favor of the legislation. The bill was approved by the committee, and it next goes to the full House for consideration.
The Great Struggle
House Budget Committee
March 13, 2013
This budget reflects a great struggle between American families and their government over whether they, or the government, can best spend the money that they have earned.
This budget bends that struggle slowly back in favor of those families, by returning to them a little of the freedom to spend more of their own money and make more of their own decisions again.
Every billion dollars spent in Washington means nine dollars taken from an average family – either in direct taxes or in tax-driven price increases as businesses pass along their costs to consumers.
It is about time we started thinking of these numbers in family-sized terms – because ultimately these numbers have a very real impact on families who are struggling to balance their own budgets, set their own priorities, and look after their own needs.
Ultimately, what government spends is what it taxes – either now or in the future. Today we pass more than a third of the cost on to our children, and finance the remainder through a tax system in which politicians pick winners and losers through an appallingly unfair and distorted tax code.
This budget calls for doing away with those tax distortions that reward some and punish others; distortions that shift capital away from economic expansion and into the service of political objectives.
And this budget calls for flattening and lowering tax rates to assure that no American family pays more than a quarter of its earnings to the federal government. Those nations that have adopted similar reforms have been rewarded with explosive economic growth.
That means fairness for every American taxpayer and an economy unshackled from the burdens and political favoritism of our current system.
In short, freedom works, and it is time that we put it – and America – back to work.