[Congressional Record Volume 157, Number 58 (Tuesday, May 3, 2011)]
[Extensions of Remarks]
[Page E786]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


        CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2012

                                 ______
                                 

                               speech of

                           HON. TODD C. YOUNG

                               of indiana

                    in the house of representatives

                        Thursday, April 14, 2011

       The House in Committee of the Whole House on the State of 
     the Union had under consideration the bill (H. Con. Res. 34) 
     establishing the budget for the United States Government for 
     fiscal year 2012 and setting forth appropriate budgetary 
     levels for fiscal years 2013 through 2021:

  Mr. YOUNG of Indiana. Mr. Chair, the good people of Indiana want 
jobs. And you know what? We know how to create them. In Indiana, under 
Gov. Mitch Daniels, we've seen a government that spends less and taxes 
modestly. And we've seen that lead to job growth. That's why Indiana, 
during these tough economic times, is a national leader in private 
sector job growth. The Budget Committee crafted a budget for our 
Federal Government that, like Indiana, spends less and taxes less. The 
result is a plan that will help create 2.5 million jobs by the end of 
this decade. Recent economic history isn't good to the big spenders. It 
shows that borrowing and spending trillions of taxpayer dollars we 
don't have doesn't create jobs. And jobs won't be created if we go 
along with the President's plan, or the plan from the other side of the 
aisle, to increase taxes. It's no great secret that the job creators in 
this country aren't hiring because unchecked spending, of course, leads 
to fears. It leads to fears that we're going to have to raise taxes in 
the future. It leads to fears of future inflation. And it leads to 
fears that interest rates are going to go up. By calling for a measure 
of spending discipline, as we do, we replace fear with hope--hope that 
we can restore conditions where job creators can go out and put 
Americans back to work. That's what the people of southern Indiana 
want. Now, I mentioned Indiana a minute ago and the success we've had 
there in creating private sector jobs. We didn't do it all with respect 
to our policies on spending. Instead, we also looked at tax policy. We 
understood that it just didn't make sense to jack up taxes during a 
down economy. Instead, we kept them steady, and we made our tax code 
more efficient--just as some of our neighboring States were doing the 
opposite. As a result, many businesses chose to move back to Indiana, 
or to move to Indiana for the first time. We see the reverse trend 
nationally, unfortunately. Many businesses are leaving this great 
country, or are not getting off the ground because of our job-
destroying tax code and our punitive corporate tax rates. Mr. Chair, we 
improve upon those previous policies, we learn from the errors of the 
past. I urge my colleagues to help us create those jobs by voting yes 
on this House Republican budget.

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