Westmoreland responds to tax legislation

From STAFF REPORTS
news@newnan.com
According to U.S. Congressman Lynn Westmoreland, R-Ga.Third District: “We don’t have a revenue problem in this country – we have a spending problem.”
This week, the U.S. House of Representatives voted on legislation that would allow the tax rates on some American families and small businesses to increase, while at the same time included no spending cuts, Westmoreland said.
According to the Congressional Budget Office, the legislation would add roughly $4 trillion to the nation’s debt over the next ten years.
Westmoreland, a vocal opponent of raising tax rates without addressing spending, opposed the legislation.
Following is his statement.

“The American people are sick of Washington politics and temporary ‘fixes’ that don’t really fix anything. They want to see us take real actions with real solutions to the real problems we face – especially our mounting debt. Over the last four years since President Obama took office, our debt has risen from a little over $10 trillion to more than $16 trillion. That’s a 60 percent increase. And it’s only getting worse. Did you know that our country borrows roughly $6 billion every day? That’s $239 million every hour, or $4 million every minute.

“Let’s look at the reality of our overall tax situation. Between 2007 and 2009, the bottom 20 percent of American earners paid just three-tenths of a percent of the total tax burden while the richest 20 percent paid 67.9 percent. And now the president and Congressional Democrats want us to force them to pay even more.

“I do not believe we need to raise income tax rates to find a successful approach to handling our debt. And I won’t support this legislation that raises tax rates without addressing the real driver of our debt – spending. Higher taxes are not a real answer to our fiscal problem in Washington. In fact, if we went even further to what President Obama wants and raised taxes on those who make $250,000 and more, it would only cover about eight and a half days of his bloated spending. We don’t have a revenue problem in this country — we have a spending problem,” stated Westmoreland.



More Local

150 more to be tested

Newnan High student believed to have TB

A Newnan High School student may have tuberculosis, as a suspected case of the illness was confirmed Wednesday by District 4 Public Health. ... Read More


Rape Trial Continues

Sleep expert, wife testify

Sleep disorders – and whether a person can engage in sexual activity while sleepwalking – were the focus of testimony Wednesday ... Read More


Vigil raises awareness of domestic violence

On Tuesday, the second annual domestic candlelight vigil was held outside the historic courthouse in downtown Newnan. With more than 50 peop ... Read More


Bridge work to close lanes on I-85 North

One outside lane on Interstate 85 northbound at Posey Road has been closed for rehab work on the bridge across the Transco natural gas pipel ... Read More


The Cellar reopens on Jefferson Street

One of Newnan’s fine dining restaurants, The Cellar, re-opened Saturday after it moved to a more visible location downtown. In fact, o ... Read More

With restrictions, Jackson Street open

Traffic was being rerouted on Jackson Street around the University of West Georgia project in downtown Newnan earlier this week, but is now ... Read More