Budget passage paves the way for tax reform

We cannot continue to kick the can down the road on our national debt. It now exceeds $20 trillion, which equates to more than $60,000 for every American citizen.

In the last eight years alone, the debt swelled by $9 trillion. Our children and grandchildren will bear this burden.

As my wife and I prepare to welcome our first child into the world, the fiscal crisis hanging over the heads of the next generation is a heavy weight. We need to take decisive action. We know we can’t tax our way out of debt. The best way to bring down the deficit is by growing the economy through better tax policy and holding the line on spending.

 

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