ATR Supports House 2016 Budget Proposal
Today, ATR President Grover Norquist released a letter in support of the US House of Representatives budget proposal for Fiscal Year 2016. This budget proposal puts forth a set of fiscally responsible solutions that balances the budget and reins in out of control federal spending by cutting trillions of dollars. At the same time the resolution preserves the landmark caps on spending which have kept government largess under control.
The budget proposal also calls for the full repeal of Obamacare, strengthening and securing Medicare and Medicaid, introducing lower and more competitive taxes, creating and protecting jobs and funding national security in a responsible way. See the full letter below:
Dear Chairmen Price:
On behalf of Americans for Tax Reform, I write in strong support of the recently released U.S. House of Representatives budget proposal. The budget blueprint authored by House Budget Committee Chairman Tom Price (R-GA) will ensure that Washington lives within its means by balancing the budget in less than ten years and cutting $5.5 trillion in federal spending.
The budget proposal calls for a fairer, simpler tax code, reforms struggling entitlement programs, clamps down on inefficient and ineffective government programs, and lays the groundwork for strong economic growth. The plan also empowers the states to make their own decisions by restoring the principle of federalism.
By keeping to the proposed reforms, Congress stands to secure America’s economic prospects, protect jobs, and accelerate economic development to levels which would be unattainable given the current spending policies. Lower, flatter taxes plus a competitive international tax regime would enshrine our place as the world’s number 1 destination for entrepreneurship. Simply put, asking taxpayers to pay $160 billion per year is an undue burden that we can do without.
Notably, the House budget repeals Obamacare in its entirety and reforms the health care system to increase access to affordable care and provide patients with better medical choices. Repealing Obamacare would eliminate numerous job killing regulations including the employer mandate and the individual mandate. In place of this complex system, the House budget prioritizes a patient-centered approach that gives power back to the individual.
Repealing Obamacare will also put a stop to the raiding of the Medicare trust fund. In turn, this will help secure and strengthen Medicare so the program can continue to provide retirees with the care that they deserve. The budget will also build a new premium support program for Medicare that will further empower seniors to make their own choices.
Finally, the budget implements improvements to Medicaid. Specifically, it repeals the Obamacare Medicaid expansion and grants increased flexibility to the states, which will allow the states the opportunity to build a strong and sustainable system of Medicaid that suits their needs.
The House Budget maintains the spending restrictions mandated in the Budget Control Act of 2011, ensuring the continuation of the savings from discretionary spending. In contrast to the White House budget, which ignores 2011 spending caps and raises spending through misleading promises, the House budget abides by federal law. The budget allocates funding to the DOD’s Overseas Contingency Operations (OCO) fund to meet the complex and dangerous global threats, balanced by cuts to mandatory spending.
It is important to keeps the caps in place that have stabilized federal spending since 2011 and will lead to $1.79 trillion in savings through 2021. You should be congratulated for proposing a more fiscally responsible solution despite the urging of some of his more reckless colleagues to break spending caps and undo years of fiscal restraint.
We urge the House Budget committee to support this bold pro-growth proposal. It returns power to states and localities while making great, positive strides in the tax code.
Grover G. Norquist
Americans for Tax Reform