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NTU Urges "YES" Vote on Ryan, Toomey, and Paul Budgets!
May 25, 2011
Decades of reckless spending have brought us to a defining moment for our nation’s fiscal future. NTU urges all Senators to take this opportunity to support only those budget proposals that include substantial reductions to our spending commitments and achieve balanced budgets in the future. To varying degrees, H. Con. Res. 34 introduced by Rep. Ryan (R-WI), S. Con. Res. 19 introduced by Sen. Toomey (R-PA), and S. Con. Res. 20 by Sen. Paul (R-KY) achieve these goals while President Obama’s budget outline utterly fails to meet those important tests.
In 2011, our overspending problem will have grown to roughly $1.6 trillion, an amount that is roughly the size of the entire inflation-adjusted federal budget of 1982. Perhaps even more disturbing, Congress and Presidents alike have not only failed to grapple with the long-term challenges we face, but have consistently added to their size and scope.
NTU continues to believe that the best, most comprehensive approach to our budget includes responsible trimming of spending in the near term to achieve balance and serious, durable reforms to exploding entitlement programs like Medicare, Medicaid, and Social Security to maintain it. None of these budget proposals is perfect when evaluated through that rubric, but the Ryan, Toomey, and Paul plans are worthy of support as important steps in the right direction for our fundamentally unsustainable fiscal policy. They will provide a head start on the difficult work ahead of us while President Obama’s proposal continues our seemingly endless march in the wrong direction.
Accordingly, “YES” votes on the Ryan, Toomey, and Paul budgets and a “NO” vote on the Obama budget will be considered the pro-taxpayer positions in our annual Rating of Congress.If you have any questions, please contact NTU Vice President of Government Affairs Andrew Moylan at (703) 683-5700