Friends of the U.S. Chamber of Commerce

America’s Budget Crisis: Where the Chamber Stands

America faces an enormous fiscal challenge – one that threatens the future of our country and the quality of life for the generations to come.

With a current budget deficit of $1.3 trillion, $14 trillion in debt and spending only expected to sky rocket in the coming years – we’re on a fiscal path to bankruptcy.  It’s time for Washington to tighten its belt and balance the budget -- just like you do every month.

This week a leader in Washington stood up to do just that. Congressman Paul Ryan (WI-01), Chairman of the House Budget Committee, took the first step in solving our fiscal crisis with a blueprint to address the roots of the problem and a plan forward for prosperity.

 

Facing a tidal wave of federal outlays, his budget takes the spending curve and bends it downward for the first time in decades. And while the plan will spur a national debate over the size and scope of government and entitlement programs – that debate is long overdue and is exactly what’s needed to create solutions.

We hope Congress will use this opportunity to take a serious look at cutting spending, addressing our broken tax code and ending an unsustainable build-up of debt driven by out-of-control increases in entitlement spending.

Contact your members of Congress today and urge them to give close consideration to Congressman Ryan’s budget proposal.

America faces a defining moment; it is up to us to ensure that the American dream has a chance at a comeback.