Speaker Boehner appeared on NBC’s Meet the Press yesterday to talk about replacing the president’s sequester with smarter cuts, and the need for reform to create a fairer, simpler tax code that helps bring home jobs that have been driven overseas in recent years. Below are several key excerpts.
Boehner: House has voted twice to replace the president’s sequester with smarter cuts, when will the Democrats act?
“We've known about this for 16 months…. Yet even today, there's no plan from Senate Democrats or the White House to replace the sequester… over the last 10 months, House Republicans have acted twice to replace the sequester. There are smarter ways to cut spending…”
Boehner says President Obama already got his tax hikes. Now it’s time to cut spending:
“The president got $650 billion of higher taxes on the American people on January 1. How much more does he want? When is the president going to address the spending side of this?”
Boehner: Families are making tough decisions to balance their budgets. Washington should be doing the same:
“Every American in these tough economic times has to find a way to balance their budget. They have got to make choices. They expect Washington to live within its means and make choices as well. We know we have a structural deficit. The president has run up $5 trillion worth of debt in the last five years. We have another $1 trillion budget deficit this year. It's time for the president and Senate Democrats to get serious about the long-term spending problem that we have.”
Boehner says closing tax loopholes, lowering overall rates, will help create jobs and grow the economy:
“The issue here is spending. Spending is out of control. There are smarter ways to cut spending than the silly sequester that the president demanded. So we need to address the long-term spending problem. But we can't cut our way to prosperity. We also need real economic growth. American family wages aren't growing. They are being squeezed. And as a result, we've got to find a way through our tax code to promote more economic growth in our country. We can do this by closing loopholes, bringing the rates down for all Americans, making the tax code fairer.”