Matt Salmon: “Balancing our budget goes way beyond taxes and spending. It will define who we are as a Nation and ensure prosperity and…”

“Balancing our budget goes way beyond taxes and spending. It will define who we are as a Nation and ensure prosperity and opportunity for all Americans going forward. According to two prominent Stanford University economists, John Cogan and John Taylor, the Ryan budget would raise gross domestic product by 1 percentage point by 2014. Well, just what does that mean? They explained it. It's equal to about $1,500 for every household in the United States--$1,500 for every household in the United States. By 2024, they estimated GDP would increase by 3 percentage points, to $4,000 per household. That growth, that kind of growth can't be ignored. Putting our budget, moreover, our economy, on a sustainable budget, is a moral imperative, and we owe it to the men and women retiring tomorrow, as well as my newest granddaughter, who will be born in April. The Ryan budget also recognizes that our current tax structure is holding our Nation's prosperity back. I applaud the goal of collapsing our Tax Code to just two lower rates of 10 and 25 percent. We need pro-growth policies that will grow our economy and create jobs. Tax reform is the answer. At the end of the day, we don't need more taxes; we need more taxpayers, and new jobs will do just that. Containing the size, scope, and cost of government has got to be a priority here.…”