Randy Neugebauer: “Mr. Chairman, economic development is important to all America. It is important to rural America; but what is also…”

“Mr. Chairman, economic development is important to all America. It is important to rural America; but what is also important to America is fiscal responsibility, keeping taxes lower. If we keep spending money the way we are spending money now, we are going to have to raise taxes. In fact, the Democratic budget passed what is going to be the largest tax increase in American history. The government doesn't have an income problem; the government has a spending problem. When you look at the revenues over the last few years because we lowered taxes and let the American people keep their money and let the American people invest and let small businesses create jobs all across America, what happened? Well, the economy got better. What happened to tax revenues? Tax revenues are increasing at a fairly substantial rate. What we have to do is cut spending so spending is growing at a slower rate than the revenues. That is the only way we are ever going to be able to balance our budget. I urge support of my amendment.”