Portman, Turner respond to House Republican 2012 budget plan
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U.S. Senator Rob Portman, R-Terrace Park, has issued the following statement in response to the House Republican 2012 Budget Plan, prepared by U.S. Rep. Paul Ryan, chairman of the House Budget Committee:
“Congressman Ryan’s budget plan is a substantive proposal that would help grow the economy and create jobs by addressing our record debt and deficits. It would cut $6.2 trillion in spending from President Obama’s budget plan over the next decade by tackling entitlement reform, weeding out wasteful spending, repealing and replacing the President’s onerous health care law, and putting in place pro-growth policies that will foster job creation."
Ryan claims the budget proposal, if approved, would government spending by $6 trillion over the next 10 years. The plan would cut $389 billion in Medicare expenses over the next decade and $735 billion in Medicaid over the period. The plan also calls for $1.4 trillion in savings by repealing President Obama's health care law.
“The House Republican plan demonstrates necessary leadership on the severe fiscal challenges our country faces, in contrast to President Obama’s budget plan, which is a political document that doubles the debt and rejects the serious recommendations of his own Fiscal Commission," Portman said.
"Unfortunately, Democrats in Congress did not even pass a budget last year, leaving the current Congress to clean up the mess, nor have they put forth proposals that will reduce our historic levels of debt, threatening our national security and clouding opportunity for of our children and grandchildren.
“Families in Ohio and throughout our country deserve better than what they’re seeing from the White House and Democratic leadership in Congress. That’s why I am fighting for fiscal restraint and pro-growth policies that will spur job creation through private sector investment. I look forward to further review of Ryan’s budget plan.”
“Chairman Ryan has set the tone for a real conversation about the road ahead for reforming our nation’s finances and growing the economy," said Rep. Mike Turner, R-Centerville. "No longer can we continue to take the easy road and just trim our budget at the corners. We must take real steps to find efficiencies in overall spending in order to end the trillion dollar deficits of the past, lower tax rates to encourage job creation, and reform our entitlement programs while still preserving them for future generations.
“Furthermore, Chairman Ryan has recognized the importance of maintaining our commitments to national security spending, which supports the important work at Wright Patterson Air Force Base," Turner said. "Also, his budget strengthens our nuclear modernization efforts. As Chairman of the House Armed Services Subcommittee on Strategic Forces, I have been working with Chairman Ryan to stress the importance of maintaining the strength of our nuclear deterrent.
“Chairman Ryan’s budget changes the course of out of control spending in Washington and begins s the national debate. This step is vital to beginning the revitalization of our economy and putting Ohioans back to work while making investments that will ensure our national security.”
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• In other legislative matters, Portman has also voted to end the new 1099 IRS provisions put in place by President Obama’s health care spending law, which was signed into law just over one year ago.
The National Federation of Independent Business called the provision, which would affect an estimated 40,000,000 American businesses and charities, a “tremendous new paperwork compliance burden.”
“To get our economy moving again, one of the first steps must be to put an end to job-killing regulations and legislation that threaten Ohio jobs. The new 1099 provision stifles growth just when the opposite is needed to get us out of an economic downturn,” stated Portman. “Why would we want to make Ohio companies less competitive globally?”
On the first day in which he was allowed to introduce legislation, Portman introduced the Job Creation Act of 2011 <http://portman.senate.gov/public/index.cfm/2011/1/post-2fb2d560-95fa-4d…;, which included a repeal of the 1099 provision of the health care law.
On Feb. 2, the Senate first voted to repeal the 1099 provision of the health care law. The legislation now awaits President Obama’s signature and will be a welcome deviation from his job-killing policies.
“While I believe we need to repeal and replace the entire health care law, this is a move in the right direction,” Portman said.
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“Congressman Ryan’s budget plan is a substantive proposal that would help grow the economy and create jobs by addressing our record debt and deficits. It would cut $6.2 trillion in spending from President Obama’s budget plan over the next decade by tackling entitlement reform, weeding out wasteful spending, repealing and replacing the President’s onerous health care law, and putting in place pro-growth policies that will foster job creation."
Ryan claims the budget proposal, if approved, would government spending by $6 trillion over the next 10 years. The plan would cut $389 billion in Medicare expenses over the next decade and $735 billion in Medicaid over the period. The plan also calls for $1.4 trillion in savings by repealing President Obama's health care law.
“The House Republican plan demonstrates necessary leadership on the severe fiscal challenges our country faces, in contrast to President Obama’s budget plan, which is a political document that doubles the debt and rejects the serious recommendations of his own Fiscal Commission," Portman said.
"Unfortunately, Democrats in Congress did not even pass a budget last year, leaving the current Congress to clean up the mess, nor have they put forth proposals that will reduce our historic levels of debt, threatening our national security and clouding opportunity for of our children and grandchildren.
“Families in Ohio and throughout our country deserve better than what they’re seeing from the White House and Democratic leadership in Congress. That’s why I am fighting for fiscal restraint and pro-growth policies that will spur job creation through private sector investment. I look forward to further review of Ryan’s budget plan.”
“Chairman Ryan has set the tone for a real conversation about the road ahead for reforming our nation’s finances and growing the economy," said Rep. Mike Turner, R-Centerville. "No longer can we continue to take the easy road and just trim our budget at the corners. We must take real steps to find efficiencies in overall spending in order to end the trillion dollar deficits of the past, lower tax rates to encourage job creation, and reform our entitlement programs while still preserving them for future generations.
“Furthermore, Chairman Ryan has recognized the importance of maintaining our commitments to national security spending, which supports the important work at Wright Patterson Air Force Base," Turner said. "Also, his budget strengthens our nuclear modernization efforts. As Chairman of the House Armed Services Subcommittee on Strategic Forces, I have been working with Chairman Ryan to stress the importance of maintaining the strength of our nuclear deterrent.
“Chairman Ryan’s budget changes the course of out of control spending in Washington and begins s the national debate. This step is vital to beginning the revitalization of our economy and putting Ohioans back to work while making investments that will ensure our national security.”
***
• In other legislative matters, Portman has also voted to end the new 1099 IRS provisions put in place by President Obama’s health care spending law, which was signed into law just over one year ago.
The National Federation of Independent Business called the provision, which would affect an estimated 40,000,000 American businesses and charities, a “tremendous new paperwork compliance burden.”
“To get our economy moving again, one of the first steps must be to put an end to job-killing regulations and legislation that threaten Ohio jobs. The new 1099 provision stifles growth just when the opposite is needed to get us out of an economic downturn,” stated Portman. “Why would we want to make Ohio companies less competitive globally?”
On the first day in which he was allowed to introduce legislation, Portman introduced the Job Creation Act of 2011 <http://portman.senate.gov/public/index.cfm/2011/1/post-2fb2d560-95fa-4d…;, which included a repeal of the 1099 provision of the health care law.
On Feb. 2, the Senate first voted to repeal the 1099 provision of the health care law. The legislation now awaits President Obama’s signature and will be a welcome deviation from his job-killing policies.
“While I believe we need to repeal and replace the entire health care law, this is a move in the right direction,” Portman said.
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