A Quote by Zach Wamp
Republicans in Congress boosted the economy by cutting taxes and ending programs that don't work.
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Now, today, some children are enrolled in excellent programs. Some children are enrolled in mediocre programs. And some are wasting away their most formative years in bad programs....That's why I'm issuing a challenge to our states: Develop a cutting-edge plan to raise the quality of your early learning programs; show us how you'll work to ensure that children are better prepared for success by the time they enter kindergarten. If you do, we will support you with an Early Learning Challenge Grant that I call on Congress to enact.
It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.
As Congress battles over spending and cost cutting, it is imperative that funding for math education programs does not fall victim.
In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.
Lower taxes, less government spending on domestic programs and fewer regulations mean a better economy for everybody.
Reforming public education, cutting property taxes, fixing adult and child protective services and funding our budget can all occur when Democrats and Republicans engage in consensus and cooperation - not cynicism and combat.
I personally don't believe we ought to be raising taxes or cutting spending, either one, until we get this economy off the ground. I'll pay more, but it won't solve the problem.
With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.
There are certainly more Republicans who like President Trump than like 'Republicans in Congress,' and certainly many Republicans who already feel like their own Congress is a brake pedal of its own.
In Michigan, a liberal democrat raised taxes and kept their government programs at the same level. And guess what? Their economy continued into the toilet, it continued down.
When you talk about entitlement programs, it's not just about - it's not about cutting those programs. It is about saving those programs. Those programs are on a path of fiscal unsustainability.
And the cornerstone of my economic policies, when I first got elected, was cutting taxes on everybody on who paid taxes.
I am not surprised that this is a longer bit of work than many of us would have hoped. It is not where any of us would have hoped it is. And I think we need to give credit to the Republicans in Congress who have done everything they can to defeat every jobs bill and slow down the economy.
I'm cutting taxes. We're going to grow the economy. It's going to grow at a record rate of growth.
Where Republicans encourage popular myths about taxes, spending, and climate change, Democrats tend to stoke our fantasies about the sustainability of entitlement spending as well as about the cost of new programs.
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