Republicans will reveal an alternative to President Obama's "spend too much, tax too much and borrow too much" budget, later today.
House Republican Leader John Boehner outlined the principles of the alternative budget last week.
- Lower Taxes: "First, our budget alternative will help create and protect jobs by letting families and small businesses keep more of what they earn," Boehner said.
- Fiscal Restraint: "Second, our budget will make sure the federal budget doesn’t grow faster than family budgets. Americans are making tough spending decisions every day. It’s time for Washington to do the same."
- Health Care: "Third, our budget will aim to expand access to affordable health care for every American, while preserving Social Security and Medicare for future generations." (Republicans are pushing for medical liability reform to reduce the number of "frivolous" lawsuits.)
- No More Bailouts: "Fourth, our budget will end the bailouts to protect taxpayers and reform the financial system so this crisis never repeats itself. Instead of raising energy costs through a 'cap and trade' energy tax that will cost every family up to $3,100 a year, our budget will encourage an 'all of the above' energy strategy that harnesses new technologies, encourages greater conservation and efficiency, and increases American energy production in an environmentally-safe manner."
- Inflation Control: "And last but not least, our budget will fight inflation so the prices of goods and services Americans depend on every day remain stable during and after this economic crisis."
In an interview on "Fox &
Friends" this morning, Boehner discussed the House
Republicans' better budget solution that will be outlined at a press conference
later today. Boehner also discussed President Obama's $3.6 trillion bigger government budget. Watch the video:
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