The Hill News

The federal government has a very serious addiction to spending. It’s not a Republican problem or a Democrat problem â€" it’s an American problem. This spending addiction is dangerous and has contributed to one of the worst recessions of our lifetime. House Republicans are breaking the addiction by proposing important spending cuts in the Fiscal Year (FY) 2012 budget proposal. 

Spending cuts are essential if we’re going to create a better environment for jobs in America. The FY 2012 budget would cut government spending by $6.2 trillion over 10 years and lower the corporate tax rate to 25%.  Furthermore, the blueprint aims to balance the budget, excluding interest payments, by 2015.

The FY 2012 budget, introduced by the House Budget Committee Chairman Paul Ryan of Wisconsin, includes comprehensive tax reform, puts patients back at the center of health-care decision making, and opens up more energy resources in our homeland. 

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