Tax reform will be a significant boost to the economy, but we will need both economic growth and fiscal discipline to bring debt down.
For too long, our federal government has stood between Americans and the ability to attain their American Dream. But recent success, thanks to President Trump in reforming our outdated and uncompetitive tax code and rolling back burdensome regulations have begun to get the federal government out of the way. But so much more still needs to be done.
Washington needs fiscal accountability to rein in out-of-control spending, not tax increases penalizing you and your family. The average American works hard each day to earn a living, spending the first three hours in a day working to pay their Federal, State, and Local taxes.
How many times have you thought, “If I ran my business or household budget like the federal government – I’d be OUT OF BUSINESS?” Well, you were 100% right! Bureaucrats and Washington insiders must get out of the way for fiscal conservatives, like myself, who will balance the government’s checkbook and find ways to allow the Americans to keep more of their own money through continued tax relief.
Growing our economy both helps American families achieve financial success and is the surest way to bring our growing debt under control. We have long been concerned about our ballooning debt, and I remain so today. I believe the first step in giving American families real lasting tax relief, will be in my far reaching plan for healthcare reform. By offering incentives, expanded medical savings accounts and deep discounts – families will find new savings in their tax bill.
We have made good progress unshackling our economy but we still have a long way to go.