Congressman Pence Discusses the Republican Budget on FOXNEWS' America's Newsroom
APRIL 2, 2009
Alisyn Camerota: Well, Molly just mentioned Republicans are giving a second opinion on the budget, introducing their own spending plan, but with some very big differences. Indiana Republican Mike Pence is Chairman of the House GOP Conference Committee. Good morning, nice to see you. Rep. Pence: Good morning. Camerota: So tell me, you and your colleagues have been hard at work for an alternative budget from the President's. How is yours different? Rep. Pence: Well under the strong leadership of Paul Ryan and our Budget Committee, we're going to bring a budget to the floor that spends less, borrows less, and instead of raising taxes on virtually every American as the Democrat budget does, we're actually going to cut taxes to encourage the kind of growth that has always been the mainstay of economic recovery in this country. There's also even a more conservative budget, the Republican Study Committee, I'm a cosponsor of that budget as well. So Republicans are coming forward with ideas as the Democrats go with a budget that spends too much, taxes too much, and borrows too much. Republicans are going the opposite direction, Alisyn, sailing toward a balanced budget with fiscal discipline and the time-honored principles of growth and reform. Camerota: Ok, so one of the tenets of your budget, as you just said, is to cut taxes for the wealthiest Americans but you know there is so much outrage right now against these financial fat cats and Wall Street executives. Is now really the right time to reward them? Rep. Pence: Well look, John F. Kennedy knew, Ronald Reagan knew - The way to get an economy moving in a recession is to give the America people, small business owners, and family farmers more of their hard earned tax dollars to spend. The Democrat budget by contrast, Alisyn, actually contemplates over a trillion dollars in tax increases over the next several years. That's not a prescription for recovery-that's a prescription for economic decline. Camerota: Sure, but family farmers are different than these Wall Street executives that make millions and millions of dollars and you would cut their taxes as well? Rep. Pence: Well, we're talking about capital gains tax relief, you're absolutely right. We're talking about the kind of taxes that are going to help small business owners. But remember, in the Democrat budget, they're talking about a national energy tax that'll result in higher utility rates of more that $3000 on every household in America. And those marginal rates that the President's budget wants to raise - more than half of the people that file taxes over the level that's going to see higher taxes are actually small business owners, filing as individuals. Camerota: Ok so if you cut taxes on the rich, how does your plan fund Medicare? Rep. Pence: Well, the way that we find Medicare in the Republican alternative is by funding it as a priority. You're not going to see any cuts in Medicare but you are going to see reforms in Medicare that are going to lesser the burden on that baby that's squaloring just down the way. You know, the reality is here is that we hear a baby cry - it might be appropriate in the debate today on Capitol Hill because we are going to double the national debt on our children and grandchildren in 5 years and we're going to triple it in 10 years if the Democrat budget passes. We need to be standing for fiscal discipline and reform, for the kind of entitlement reform that is going to take the burden off future generations and for the kind of tax relief that's going to get this economy moving again. Camerota: Allright, Congressman Mike Pence. We'll see if this all was just an academic exercise that you just went through, or if some of it does sneak into the Democratic budget today. Thanks for coming on. Rep. Pence: Thank you, Alisyn.
Related Documents
October 05, 2010
“The TARP is not ended by [the Dodd-Frank Act]…[t]here is some money left unobligated and I intend to press...
September 30, 2010
“The American people want leaders who are more concerned about creating new jobs than they are about campaigning to...
September 08, 2010
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, released the following statement today in...
August 11, 2010
We know it's easier to understand things when you can see them laid out. That's why the House Republican...
July 30, 2010
Rep. Jim Jordan (OH) goes on record to recognize the GOP's fight to "get a handle" on the out...
July 23, 2010
Rep. Mike Pence will deliver this week's Weekly Republican Address. Check GOP.gov tomorrow morning for the first look:
July 20, 2010
Rep. Charles Djou (HI) took to the House floor to criticize President Obama and the Democrats for not creating...
July 19, 2010
Follow @GOPConference on Twitter | Like on Facebook | Sign Up For Email Updates President Obama will address...
July 14, 2010
Rep. Kevin Brady (TX) explains why the White House Council of Economic Advisers report on the "stimulus" deserves a...
July 01, 2010
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, delivered the following remarks on the House...
July 01, 2010
Since May, House Democrats have been trying to pass $84.2 billion supplemental spending bill. The ostensible purpose of the...
July 01, 2010
House Republicans came out in full force last night against the Democrats' financial reform bill. Many assert the bill,...
June 29, 2010
"You Can’t Deem a Budget You Never Passed" Washington, DC - U.S. Congressman Mike Pence, Chairman of the House...
June 28, 2010
-No budget! House Democrats are abdicating their responsibility to lead and will not propose a 2011 budget...
June 22, 2010
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, issued the following statement in response...
June 22, 2010
From the House Republican Conference Policy Team: House Democrat Leader Steny Hoyer has finally admitted the sad truth that...
May 21, 2010
Next week, the House is expected to take up billions in dollars in spending, and tax increases, marketed by...
May 11, 2010
On Sunday, May 9, 2010-the same day the EU and the IMF announced a new $1 trillion deal to protect...
May 11, 2010
The House is scheduled to consider H.R. 5116, the America COMPETES Reauthorization Act of 2010 the week of May...
April 27, 2010
"The president and Congressional Democrats passed a health care law without any idea how to pay for it." Washington,...
April 27, 2010
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, delivered the following remarks at a...
April 27, 2010
Says President Needs to Take All New Tax Proposals Off the Table Washington, DC - U.S. Congressman Mike Pence,...
April 09, 2010
"... U.S. fiscal policy is on an unsustainable path to an extent that it cannot be solved by minor...
April 08, 2010
"If at the end of the day we need to raise taxes, we should raise taxes." -Paul Volcker, President's Chairman...
February 18, 2010
On February 18, 2010, the President signed an executive order (EO) to establish the "National Commission on Fiscal Responsibility and...
December 16, 2009
"I will not sign [health care legislation] if it adds one dime to the deficit-now or in the future. ...
December 16, 2009
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, delivered the following remarks today on...
December 03, 2009
"Statistics mean little for those who have lost a job, taken a pay cut, or watched their loved ones...
December 01, 2009
Since passage of the Democrats' trillion dollar "stimulus," more than 2.8 million jobs have been lost and unemployment stands at...
November 19, 2009
"It is important though to recognize if we keep on adding to the debt, even in the midst of...
November 17, 2009
"We have grave concerns that the real effect of the provisions would be to create a new federal entitlement...
October 21, 2009
"The cost of our debt is one of the fastest growing expenses in the federal budget. This rising...
September 29, 2009
"I will not sign [health care legislation] if it adds one dime to the deficit-now or in the future. ...
August 25, 2009
On August 25, 2009, the White House Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) each...
August 25, 2009
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, made the following statement today after...
June 17, 2009
This is not about process; this is about runaway federal spending.Here are the facts on spending from this...
June 04, 2009
WASHINGTON, D.C. - House Republican Leader John Boehner (R-OH) and Republican Whip Eric Cantor (R-VA), on behalf of House...
May 11, 2009
"The AP findings suggest the White House raised expectations too high for the transportation spending, said a spokesman for...
May 11, 2009
When it comes to federal spending, there's a pattern emerging with President Obama, and it's not a...
May 11, 2009
President Obama's chief economics forecaster said on Sunday that the country was not likely to see positive...
April 29, 2009
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, made the following statement today in...
April 27, 2009
Today, April 26, is Debt Day for this fiscal year. That is, today is the day the federal government's...
April 24, 2009
"Debt Day," marking the point in the fiscal year when government spending exceeds revenue, falls this Sunday. That's the...
April 23, 2009
Washington Post: "President Obama is requiring government agencies to find $100 million in savings. Next year's budget deficit will...
April 02, 2009
That was then For years, House Democrats criticized the Bush White House for proposing a five-year budget: Then-Ranking Member John...
April 02, 2009
That was then... Democrats criticized a budget that “excluded” a permanent fix for the Alternative Minimum Tax (AMT)… House...
April 02, 2009
WASHINGTON, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, gave the following speech from the...
April 01, 2009
House and Senate Press Conference on the Budget The House Republican Budget Alternative: Ryan Proposes "The Path To...
March 27, 2009
Click here to listen to the audio. Below is an excerpt from the interview: PENCE: "The Republican proposal...
March 27, 2009
Fiscal Policy: President Obama claims that Republicans "don't offer an alternative budget." In fact, they do, and it costs...
March 26, 2009
House Republicans today released the "Republican Road to Recovery," an 18-page booklet specificying the steps they will take to...
March 26, 2009
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, gave the following speech today on...
March 25, 2009
Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, made the following statement today on...
March 24, 2009
Even the Washington Post has reported on the President's use of straw man tactics to scare away criticisms of...
March 23, 2009
The White House predicts 7.9% unemployment in 2010. The Congressional Budget Office (CBO) predicts 9.2% unemployment in 2010. Where are...
March 18, 2009
To view this video, click here. FOXNEWS' Major Garrett: "Republicans were so synchronized in their condemnation they could literally...
March 17, 2009
PROTECTING JOBS AND LOWERING TAXES Instead of raising taxes on all Americans in the midst of a recession, Republicans...
March 16, 2009
Washington, DC - Today, U.S. Congressman Mike Pence, Chairman of the House Republican Conference, made the following statement after...
March 16, 2009
WASHINGTON - When it comes to President Obama and the Democrats these days, you couldn't knock Republican leaders of...
March 16, 2009
In the middle of a tumultuous budget battle and a recently passed omnibus with nearly 9,000 earmarks, Sunshine Week...
March 13, 2009
Republicans have a few big things on their side when it comes to the economy: the facts. These include...
March 12, 2009
On the House floor today, Rep. Mike Pence continued the Republican message that the federal goverment "spends too much,...
March 12, 2009
Republican leaders in the House and Senate launched an unusual joint effort Wednesday to create a drumbeat of criticism...
March 11, 2009
President Obama once criticized out-of-control spending and “enormous deficits” but... President Obama once criticized an “orgy of spending and...
March 10, 2009
Middle-class families and small businesses are making sacrifices when it comes to their own budget, yet Washington continues to spend...
March 06, 2009
Republicans in the News: Rep. Michele Bachmann appeared on FOX Business Happy Hour to discuss the "cramdown" housing bill....
March 06, 2009
WASHINGTON, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, made the following statement today on...
February 27, 2009
Transcript: Jon Scott: Democrats call it a blueprint; Republicans say it's a target. Some of...
February 26, 2009
Washington, DC - Today, U.S. Congressman Mike Pence, Chairman of the House Republican Conference, made the following statement in...
February 25, 2009
The American people are hurting, and Republicans want to work with the President to get the American people...
February 10, 2009
In light of the inclusion of $1.1 billion in the Democrat "stimulus" legislation for the Agency for Healthcare Research...
|
|