Budget

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  • Congress Needs Accountability
    Posted in Weekly Columns on August 10, 2011 | Preview rr
    Tags: Budget, Jobs & Economy

    For the first time in our history, Standard & Poor’s lowered the United States long-term credit rating from AAA to AA+. This decision is the latest consequence of Washington’s out-of-control spending, which must end to restore confidence in our markets, to grow our economy and to get folks back to work. America is facing both a debt and economic crisis, which has led to ever-increasing uncertainty for families, small businesses and the marketplace. For too long, Washington has spent way beyond i... Read more

  • Roe Statement on Standard and Poor’s Announcement
    Posted in Press Releases on August 6, 2011 | Preview rr
    Tags: Budget, Jobs & Economy

    WASHINGTON D.C. – U.S. Congressman Phil Roe, M.D. (TN-01) issued the following statement after Standard & Poor’s lowered the United States’ long-term credit rating from AAA to AA+ for the first time in the history of the ratings: “This decision by S&P is the latest consequence of the out-of-control spending that has taken place in Washington for decades, and that has increased dramatically since President Obama took office. The spending binge has resulted in job-destroying economic uncertainty a... Read more

  • Debt Agreement Not Perfect, But Promotes Economic Certainty
    Posted in Weekly Columns on August 3, 2011 | Preview rr
    Tags: Taxes, Budget, Jobs & Economy

    In an effort to get our fiscal house in order and avoid economic calamity, Congress passed legislation that cut spending, kept taxes low, advanced a Balanced Budget Constitutional Amendment and allowed our country to keep paying its bills. The Budget Control Act of 2011 is by no means perfect—but it is a good first step that is consistent with conservative principles. For too long, the federal government has recklessly spent way beyond its means, and that is why we are in this position today. Th... Read more

  • Roe Statement on the Budget Control Act of 2011
    Posted in Press Releases on August 1, 2011 | Preview rr
    Tags: Taxes, Budget, Jobs & Economy

    WASHINGTON D.C. – U.S. Congressman Phil Roe, M.D. (TN-01) issued the following statement on the Budget Control Act: “The Budget Control Act is by no means perfect—but it is a good first step that is consistent with conservative principles. While I would have preferred larger spending cuts now, this bill immediately cuts spending by $917 billion and does not raise taxes. This bill also guarantees at least $1.2 trillion in additional savings and advances the cause of a Balanced Budget Amendment. “... Read more

  • Roe Statement on Senator Reid Plan
    Posted in Press Releases on July 30, 2011 | Preview rr
    Tags: Taxes, Budget, Jobs & Economy

    WASHINGTON D.C. – U.S. Congressman Phil Roe, M.D. (TN-01) issued the following statement on legislation put forth by Senate Democratic Leader Harry Reid (D-NV): “The House has passed two proposals that would clean up our country’s fiscal mess by cutting trillions of dollars in wasteful spending, restrain future out-of-control spending and allow the government to pay its bills. Unfortunately, the Democratic-controlled Senate would not even allow a debate on the legislation. Senate Majority Leader... Read more

  • Roe Statement on the Budget Control Act
    Posted in Press Releases on July 29, 2011 | Preview rr
    Tags: Taxes, Budget, Jobs & Economy, Second Amendment

    WASHINGTON D.C. – U.S. Congressman Phil Roe, M.D. (TN-01) issued the following statement regarding the Budget Control Act: “We’ve got to do something to restore the financial stability of this country. The federal government cannot continue to tax, borrow and spend its way to prosperity because this path is unsustainable. To avoid a downgrade on our bond rating, I supported the Budget Control Act, which raises the debt limit in exchange for enacting enforceable spending cuts and requiring a Bala... Read more

  • We Must Clean Up Our Country’s Fiscal Mess
    Posted in Weekly Columns on July 27, 2011 | Preview rr
    Tags: Budget, Jobs & Economy

    The closer our government gets to hitting the debt ceiling, the more anxious the atmosphere becomes across the country. No one knows exactly what will happen if our debt ceiling is reached; however, the potential consequences to the economy are too catastrophic to risk it. To avoid a downgrade on our bond rating, Congress must pass legislation that raises the debt limit, gets our financial house in order and puts us on a path to fiscal sustainability with enforceable spending cuts. In a House Fi... Read more

  • Roe Statement on President Obama’s Debt Address to the Nation
    Posted in Press Releases on July 26, 2011 | Preview rr
    Tags: Budget, Jobs & Economy

    WASHINGTON D.C. – U.S. Congressman Phil Roe, M.D. (TN-01) issued the following statement in response to President Obama’s address to the nation on negotiations over a debt ceiling increase: I find it very troubling that President Obama is playing politics with serious issues we are facing during this debt crisis. His lack of concrete solutions to our debt crisis is a failure of leadership and is disappointing to the American people. One point remains clear – the president and Congress need to st... Read more

  • Debt Crisis & the Economic Impact
    Posted in Weekly Columns on July 22, 2011 | Preview rr
    Tags: Budget, Jobs & Economy

    The high temperatures in Washington shouldn’t be the only heat the White House and Democratic leaders in Congress should be feeling when it comes to the debt crisis. It’s been a record breaking 813 days since the Senate, led by Harry Reid, has done their job and passed a budget. By failing to legislate and enact spending cuts, Democrats are jeopardizing our national security. The credit rating agency Moody’s has indicated if budget cuts associated with a debt limit increase are not credible and ... Read more

  • Roe Statement on the Cut, Cap & Balance Act
    Posted in Press Releases on July 19, 2011 | Preview rr
    Tags: Budget, Jobs & Economy

    WASHINGTON D.C. – U.S. Congressman Phil Roe, M.D. (TN-01) released the following statement regarding his vote supporting the Cut, Cap and Balance Act: We are in the midst of a debt crisis created by decades of irresponsible government spending. The federal government is at a crossroads, and tough decisions must be made. Rhetoric will not lower the deficit and inaction will not cover the Treasury’s bills. That is why I voted for the Cut, Cap and Balance Act, which includes concrete proposals that... Read more