Fleming Votes to Fix Broken Tax Code, Rein in IRS Abuses
April 16, 2015
WASHINGTON, D.C. – As Americans rushed to file their taxes this week, the House passed a number of bills to fix the broken tax code and rein in abuse at the agency in charge of overseeing it. Congress...Read More
Minden Press Herald | Fleming: Tax code in need of change
April 15, 2015
Together, we spend over 6 million hours and more than $220 billion filing our taxes each year– whether that’s paying an accountant or purchasing tax software. Many have asked why the system is so conf...Read More
Rep Fleming Praises Senate’s Confirmation of Gen. Rand as Head of Air Force Global Strike
March 30, 2015
WASHINGTON, D.C. –Congressman John Fleming, M.D., released the below statement following the Senate’s recent confirmation of General Robin Rand as the first four-star general of Air Force Global Strik...Read More
Fleming Votes For Bipartisan Medicare Reform Bill
March 26, 2015
WASHINGTON, D.C. –Congressman John Fleming, M.D., released the following statement after voting in favor of H.R. 2, the Medicare Access and CHIP Reauthorization Act of 2015, to permanently repeal Medi...Read More
Contradictory Messages from the Obama Administration on Tax Increases:"You don't raise taxes in a recession.”
President Obama - August 5, 2009
“We have a Democratic president and administration that is prepared to sign a tough package that includes…a revenue component.”
President Obama - July 19, 2011
Former Obama Economic Guru admits Negative Effect of Tax Increases.
- In a study authored by Christina Roemer, Former Chair of President Obama’s Council of Economic Advisors, found that even a tax increase of just 1% on the economy, would conversely have almost double a negative effect on the economy.
- If taxes went up just 1% - 1.84% would be taken out of the economy – hurting job growth and economic activity.
- To view the study – click HERE
Budget Growth at a Glance
- This chart is good summation of our fiscal picture.
- Note the size of the two pies, Income vs. Expenses.
- The Obama anemic economy and high unemployment has resulted in $250B in less revenue since 2008.
- Growth in the economy alone will not balance the budget-spending cuts are a must.
- Entitlement programs–58% of the budget–is the fastest growing segment of our budget, rising 27% in just two years.
- ObamaCare is a new entitlement program that has yet to be costed into this chart.
- CBO says interest payments on debt will grow to $1 trillion in just 10 years.
- Spending cuts outside of Entitlement programs won’t be enough to balance the budget.