![[News from the HALL of Congress]](release_hed.jpg)
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HALL SUPPORTS REPUBLICAN BUDGET, CITES CONCERNS WITH DEBT IN PRESIDENT’S BUDGET |
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WASHINGTON, D.C. ...Stating that the government cannot continue to “spend, borrow, and tax,” Rep. Ralph Hall today voted with 137 Republicans in the House in favor of a Republican alternative budget that seeks to control spending, limit the size and scope of government, reduce taxes, and protect Medicare, Medicaid and Social Security.
“The Democrats’ budget has a number of worthy provisions that provide relief and assistance for middle-class Americans,” Hall said, “but unfortunately it also doubles the debt in 5 years, triples the debt in 10 years, nearly doubles spending in 10 years, and increases taxes on investors, small businesses, and energy.”
“We are at a crossroads in American economic policy and philosophy,” Hall noted. “We all agree that the country is in a recession and that deficits in the next few years are unavoidable – but there is a fundamental difference of opinion as to how much and how best to spend taxpayer dollars.”
“My constituents are worried about the trillions of dollars being thrown at Wall Street, the housing market, banking, the auto industry – and worried about how to pay for the reforms that the President wants in healthcare, alternative energy, education and vital programs like Social Security and Medicare,” Hall said. “The cost of those reforms will be passed to our children and grandchildren and may ultimately place
“The Republican alternative is not perfect, but it lessens the economic impact on future generations and seeks to control spending and debt,” Hall noted. “The Republican budget seeks to protect Medicare, Medicaid and Social Security and puts in place policies that would provide two million more jobs than those created in the President’s budget.”
Hall also supported the Republican Study Committee’s alternative budget that would balance the Federal budget by 2019 largely through an across-the-board reduction in discretionary spending, with the exception of appropriations for Defense and Veterans. That measure also failed to pass the House.
A House-Senate Conference will now work on a compromise budget that must be approved by both chambers. “We’ll try to influence the final document – but I’m not optimistic that we’ll see the improvements that I could support,” Hall said. |
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