Moran Says No to Increase in National Debt

Statement

Congressman Jerry Moran (R-KS) issued the following statement regarding his vote yesterday against the tax package, H.R. 4853, in the U.S. House of Representatives.

"More spending, more debt and an uncertain tax structure. Business as usual in Washington D.C., where tough decisions are put off for another day.

This legislation fails to address our nation's most serious problem. Our country's national debt, caused by decades of overspending and expansion of the federal government, is the greatest threat to our nation's economy and our citizens' well-being. Difficult decisions are required, and this bill provides an easy compromise that asks little sacrifice of anyone.

Additional spending advocated by President Obama, not offset by reductions elsewhere in the budget, is a failure on Congress' part. Additionally, the certainty of tax rates is a significant requirement for businesses in deciding whether to grow and add jobs. That's why I support extending the current tax rates permanently. A temporary extension fails to provide the necessary confidence for job creation."

Source