President Barack Obama’s debt relief plan exposes a fundamental difference between Democrats and Republicans, with one side pushing taxes and the other economic growth, Rep. Jim Jordan,
R-Ohio, tells Newsmax.TV.
The chairman of the Republican Study Group, in an interview at the Americans for Tax Reform’s annual Tax Day Eve event at the Capitol, said Obama just couldn’t help himself when he called for the expiration of the Bush era tax cuts for wealthier Americans.
“He believes in big government, he believes in higher taxes that’s just what he believes in so I think he can’t help himself,” Jordan said.
“Our side understands that to deal with the financial situation we have, the record deficits, the unbelievable debt, you have to have economic growth.
"And you’re not going to have economic growth when you continue to tax and increase the taxes on small business owners, the job creators in our economy. It’s really that fundamental. It’s just part of the hard left’s approach to things. They believe in big taxes, they believe in taxing more. We understand when you do that you hurt, you stymie job creation.”
The story continues below the video.
The biggest stumbling block to balancing the budget and reducing deficits is entitlement programs such as Medicare, Medicaid and Social Security. Jordan said reforming entitlement programs can no longer be overlooked and the American public knows it.
“It’s about saving those programs so you can save the country from going bankrupt,” he said.
“It’s really that basic. Savings those programs, meeting your promise that we made to American citizens. … The good news is, this is so important, the American people are ready for it, and they get it. It’s just a question do the politicians have the discipline and the will to do the right thing.”
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