Press Release | Stewart reacts to Balanced Budget Amendment

FARMINGTON – 2^nd District Congressional Candidate, Chris Stewart, reacted to the announcement that the United States House of Representatives will be voting this week on an amended Balanced Budget Amendment, and cautioned against the Democrat-sponsored “jobs bill.” Stewart emphasized that in a time when Utah’s families have made significant sacrifices to provide for their own well-being, Washington must also live within its means. He continued, explaining that Washington must understand that efforts to balance the budget should not place excessive taxes and regulations on small business.

“Washington’s deficit problems must be corrected by cutting wasteful spending and bringing balance to the budget” said Stewart. “The balanced budget legislation from Republicans in the House of Representatives and the Senate goes a long way towards correcting years of out of control spending. We must balance our nation’s budget and pay down the deficit. However, balance does not mean ‘half right and half wrong.’ Proposed tax increases by the Obama administration and Democrats in their latest ‘stimulus’ bill, in their effort to sell across the board tax increases, only impede economic recovery. 75% of the Democrats’ proposed tax increases will affect only small businesses. This is nothing short of an assault on workers and job creators. Small business will be the driving force behind our nation’s recovery and any tax increase will rob Utah’s unemployed of job opportunities as businesses are forced to hand over even more money to the government. I’ve seen in my own small business that added government regulation and taxes translates to less capital to expand and hire.

Stewart stressed that “Utahns have made significant sacrifices balancing their family budgets to make ends meet, cutting unnecessary expenses. It’s time Washington does the same.”

Find Chris on Facebook at www.facebook.com/ChrisStewartforCongress
and on Twitter at www.twitter.com/ChrisStewart4UT.