Since I have been elected to the Senate, we have reduced our annual budget deficit by nearly $1 trillion, but there is more work to be done. We must start living within our means and establish a strong financial position for this country, so we don't burden future generations with unsustainable debt. We must work to find savings within the budget and hold the line on spending. With a growing economy and more fiscal discipline, we can reduce the federal deficit.
I believe additional revenues should come from tax reform and economic growth, not raising taxes. For example, tax reform that closes loopholes and reduces tax rates can help stimulate economic activity that will not only create jobs, but also grow our economy and provide revenues to reduce our deficit.