Spending Cuts and Debt
Since I was elected I have worked towards getting spending under control. In my first term we were able to reduce discretionary spending by $95 billion. Importantly there were no earmarks in any bill we passed. In fact, we cut total domestic discretionary spending two years in a row for the first time since World War II and the cumulative deficit reduction measures we have passed since 2010 have cut the deficit in half to $642 billion.
We still have work to do, since budget deficits are projected to rise sharply over coming decades as entitlement spending grows. That is why I voted this year for the House budget created by Congressman Ryan, which would balance the budget within 10 years. President Obama’s budget proposal never balances, and the Senate didn’t even pass budgets four out of the last five years. My priority is finding a long-term plan to end our out-of-control spending, which has left our country more than $17 trillion in debt.