Political Quotes

Cliff Stearns: As Congress contemplates an economic stimulus package to aid our slowing economy, we also must commit ourselves to…

On the recordJanuary 23, 2008
As Congress contemplates an economic stimulus package to aid our slowing economy, we also must commit ourselves to reduce Federal spending. As American families tighten their budgets to weather this impending economic storm, Congress should match their sacrifice. While reducing taxes is important, another aspect is to control the Federal deficits, the Federal spending. A decrease in wasteful spending would directly increase the value of the dollar and ultimately lower deficits. The American people and businesses are better at deciding what to do with their money than the Federal Government. With more money in their hands, an increase in investment in our economy and in increase in personal savings would take hold and ultimately lead to a stronger and growing economy. As we in Congress consider this one-time stimulus package over the next few weeks, I contend that a long-term solution to this problem is to lower spending, which will in turn lead to lower taxes and a permanent economic bounce and revitalization.
Said by
Cliff Stearns
Florida

Editor's note · Context

Discussing the need for reduced federal spending while considering an economic stimulus package.

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