When then Senator Obama was running for president, he pledged to cut the deficit in half, yet the national debt has more than doubled since he took office. On February 13, 2012, President Obama released his FY2013 budget request. His $3.8 trillion budget proposal for FY2013 marks the fourth straight year of a projected deficit over $1 trillion. It increases spending, taxes, and the deficit. On Wednesday, March 28, 2012, the House unanimously rejected President Obama's FY2013 budget proposal by a vote of 414-0.
Each year, Congress is responsible for setting the federal budget and appropriating funds for all government functions. It has been nearly three years since the Senate has passed a federal budget. The last time the Senate passed a budget was on April 29, 2009, when the total national debt was $11.15 trillion. Today, the total national debt is $15.2 trillion.
Debt of this level will stifle our economic growth. The solution for reviving our economy is straightforward: cut job-destroying government spending to allow employers to create jobs.
For more information on the House Republicans' Budget Resolution, the Path to Prosperity: A Blueprint for American Renewal, click here.
More on Budget
U.S. Rep. Lamar Smith made his way to San Marcos Wednesday to visit with constituents and deliver an update on what is happening in Washington.
This is not unusual for Smith, as he visits the Record at least twice a year — even in the years, like this one, that he isn’t running for re-election. These visits are not only informative, but also greatly appreciated by the journalists and management of this newspaper.
Washington, DC – Congressman Lamar Smith (R-Texas) today released the following statement after voting in support of the National Defense Authorization Act for fiscal year 2017, which passed in the House of Representatives by a vote of 277-147.
Congressman Lamar Smith (R-Texas) today released the following statement after voting in favor of S. Con. Res. 11, the FY2016 Budget Resolution, a bill substantially similar to the balanced budget the House approved just weeks ago.
Congressman Smith: “This is the first time in six years that the House and Senate have come together to pass a budget. Fixing our broken system starts with balancing our budget, establishing priorities and reining in out-of-control spending. That is exactly what this bill does.
Congressman Lamar Smith (R-Texas) released the following statement in recognition of today’s federal tax filing deadline and in support of several tax measures expected to pass in the House of Representatives this week.
Congressman Smith: “Today is tax day, a day that many Americans have come to fear and loathe. As the current administration has drastically increased spending, many on the left have demanded more and more taxes to pay for this excessive spending.
Congressman Lamar Smith (R-Texas) today released the following statement after voting in favor of H.Con. Res. 27, A Balanced Budget for a Stronger America, which passed in the House of Representatives:
Congressman Smith: “For the sixth year in a row, President Obama has handed Congress a tax-and-spend, big-government budget that never balances. It ignores our growing national debt and punishes hard-working taxpayers.
Congressman Lamar Smith (R-Texas) today released the following statement in response to the president’s FY2016 budget request.
Congressman Smith: “The American people have spoken out time and again in favor of more efficient, effective, and accountable government. Our debt has grown by more than $7 trillion under this president and all Americans have to show for it is a bloated, overreaching bureaucracy and highly unpopular programs like ObamaCare.
Washington, D.C. – Congressman Lamar Smith (R-Texas) today released the following statement on the evening of the president’s annual State of the Union address:
Congressman Smith: “No one has suffered more than the middle class under President Obama’s policies. For six years the Obama Administration has pushed the same tax-and-spend policies, and for six years they haven’t worked. Family incomes have remained flat.
Washington, D.C. – Congressman Lamar Smith (R-Texas) released the following statement today after voting against passage of a $1 trillion omnibus appropriations bill.
Congressman Smith: “Like many of my colleagues, I would have preferred a bill that reduces spending, blocks the president’s unconstitutional executive orders granting amnesty, and increases border security.
“Unfortunately, the bill before the House today did not meet these criteria and therefore I could not support it.
On Wednesday evening, Congressman Lamar Smith (TX-21) hosted a telephone town meeting with Hill Country constituents from the 21st District of Texas. During the call, Congressman Smith asked several questions about important issues facing our nation, including the impact of Obamacare implementation, illegal immigration, balancing the federal budget and EPA regulations. More than 1,200 constituents from Bandera, Comal, Gillespie, Kendall, Kerr and Real Counties participated in the call.
The House of Representatives today passed a plan to balance the budget by 2024 without raising taxes. The Path to Prosperity cuts $5.1 trillion in government spending over the next decade and puts America on track toward paying off our national debt. Congressman Smith issued the following statement in support of the plan.
Congressman Smith: “Once again, House Republicans have passed a proposal that balances the budget, grows our economy, reins in red tape and reduces government spending.