Steve Chabot: “for far too long, government spending reigned supreme in Washington. Deficit spending ran rampant, the debt ballooned…”

“for far too long, government spending reigned supreme in Washington. Deficit spending ran rampant, the debt ballooned, and taxes skyrocketed. It was always spend first and worry about the debt later. But today Republicans are changing course and saying that paying off the debt for our children's future should be at the front of the line, not at the end of the line. Republicans are committed to paying off the national debt. We have already reduced the debt by about $350 billion and are committed to eliminating the national debt altogether. The Clinton-Gore administration vetoed relief on the marriage and death taxes. Remember? Republicans are not about to sit back and let the Democrats now spend that money. As we finalize next year's budget, we are dedicated to three core principles. Let us pay down the debt. Let us make sure Social Security and Medicare are on sound financial ground for this generation of seniors and future generations. Let us give the American people substantial tax relief. They deserve it. That is what is right for the country.”