Jeb Hensarling: “I rise again as part of the Washington Waste Watchers, a Republican working group dedicated to rooting out the rampant…”

“I rise again as part of the Washington Waste Watchers, a Republican working group dedicated to rooting out the rampant waste, fraud, and abuse in the Federal Government. Despite a major economic recovery underway, rising employment, new jobs and historic rates of home ownership, Democrats keep demanding that we take away the tax relief, take away the tax relief that is responsible for this unparalleled growth in our economy, the tax relief that is bringing down the unemployment. The tax relief, if it were a line item in the budget, amounts to 1 percent, 1 percent of the $28.3 trillion 10-year spending plan approved last year. In other words, 99 percent of our fiscal challenges are on the spending side. And, Mr. Speaker, that is where we need to focus our attention, and by any measure, spending is out of control in Washington. For only the fourth time in the history of our Nation, the Federal Government is now spending $20,000 per household. Mr. Speaker, it is up from just $16,000 just 5 years ago, representing the largest expansion of the Federal Government in 50 years. We have a spending problem, not a taxing problem, and now is not the time to raise taxes again on American families and small businesses, as Democrats seek to do. Instead, it is time to take the trash out in Washington.”