Pocan Encourages Budget Conference Committee to Focus on Economic Growth & Job Creation
WASHINGTON, D.C.—As the Budget Conference Committee begins its negotiations today on a comprehensive budget plan, U.S. Rep. Mark Pocan (WI-02), a member of the House Budget Committee, today encouraged his colleagues to ensure their work focuses on the top problem facing our country: the need for further economic growth that will get the people of Wisconsin and America back to work.
It has been four years since Congress has passed a budget.
“The top priority of any budget plan should be helping to get the people of Wisconsin and this country back to work. As the CBO has reported, nearly three-fourths of our deficit in 2014 will be caused by unemployment and underemployment in our economy. The first step the committee should take to promote job creation is to end the indiscriminate sequester cuts that estimates show will cut 36,000 jobs in Wisconsin. The committee should also prioritize investments in areas that spur economic development—from education to infrastructure to innovative research.
“I also believe that where there is wasteful government spending, or programs that would benefit from reform, we should address those concerns. That includes wasteful tax breaks to corporations and special interests that add to our yearly deficits. Any balanced plan considered by the committee should include revenue options in addition to any potential cuts.
“However, I do not believe, and I will not support, any plan that tries to solve our country’s economic woes by cutting benefits to programs such as Medicare, Social Security and Medicaid relied upon by our neediest citizens. We do not create jobs or grow our economy by denying seniors and the poorest Americans needed support.
“Democrats and Republicans must work together and do our jobs. That means our nation needs a national budget—a roadmap that lays out our priorities and guides our future.”
The Budget Conference Committee has until December 13th to finish its work.