Budget, Spending, and Tax Issues

John knows Washington doesn’t have a revenue problem -- it has a spending problem. That’s why he supports a balanced budget achieved through discretionary spending cuts, mandatory spending reforms, and pro-growth tax policies. John also supports giving the president line-item veto authority to cut wasteful spending from appropriations bills.

In 2008 and 2009, John opposed the financial and auto bailouts as well as President Obama’s failed stimulus because government shouldn’t be in the business of picking winners and losers. Instead, John trusts American free-market capitalism to fairly distribute resources -- rewarding the hard-work and creativity of entrepreneurs while punishing bad-actors like the financial institutions who played fast and loose with risky loans and bad deals.

John often says “a failure to plan is a plan to fail.” There’s no better example of this than the Senate’s failure to pass a budget in over three years! John supports Congressman Paul Ryan’s Path to Prosperity budget plan.

The reality is spending will never be reined in if Washington is allowed to raise taxes to feed its habit. That’s why John supports extending the current tax rates for all Americans. We have to keep taxes low so our economy can grow.



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