Price Comments on Deficit Commission Recommendations
Washington,
Dec 3 -
Republican Study Committee Chairman Tom Price (R-GA) released the following statement after the Presidential deficit commission’s recommendations failed to garner the 14 votes necessary to move the package on to Congress.
“At the very least, it is good to see that a positive conversation about tackling trillion-dollar deficits remains possible,” said Chairman Price. “Unfortunately, this plan has a fundamental flaw in that it tries to make excessive government more manageable instead of returning Washington to the limited role envisioned by our Founders. Unsustainable deficits are a symptom. The real disease is Washington’s growing interference in the economy and our citizens’ daily lives.
“Long-term deficits simply cannot be resolved unless we repeal ObamaCare and replace it with reforms that empower individuals and actually reduce costs. I commend the commission for admitting that ObamaCare relies on ‘large phantom savings,’ but this plan does not do nearly enough to fix the problem. Furthermore, it places an undue burden on national security while inadequately addressing the massive unfunded liability in entitlement programs. And despite overspending being the real culprit, federal taxes would rise to a higher percentage of total economic output than at any other time in our nation's history.
“The good ideas in this plan, and they do exist, will still be good ideas in January. Republicans will continue our efforts next year to cut spending and rein in the immense deficits that threaten the future of our country.”
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