Economy and Jobs
The United States has run a yearly budget deficit of $1 trillion since 2009. Our debt is $16 trillion and climbing each day. If our debt were divided up, each person in America would owe more than $50,000—that’s more than the median household income for the state of Indiana. The nonpartisan Congressional Budget Office has predicted that the situation could get even worse, and our debt could be as high as 87% of our Gross Domestic Product (GDP) by 2023.
Congress must take immediate action to reduce spending and balance our budget. The math is simple. We cannot keep spending money we do not have. Hoosiers work hard to live within their means and so should Congress.
Getting our fiscal house in order will not be easy. Tough choices will have to be made. But Indiana was able to do it, and so can our federal government. I am proud to have participated in Indiana’s financial turnaround during my time in the state legislature, and while on the House Budget Committee I am committed to bringing Hoosier common sense to our nation’s budget discussions. America needs pro-growth policies that will offer economic opportunity, and policies aimed at eliminating the regulatory and tax burdens that restrict job growth.
More on Economy and Jobs
ELKHART COUNTY, IN – Congresswoman Jackie Walorski (IN-02) will stop at five RV manufacturing companies today in Elkhart County to tour facilities and hear important updates about issues affecting the industry. Accompanied by Mark Bowersox, executive director of the Recreation Vehicle Indiana Council, and Matt Rose, IMHA-RVIC Director of Recreation Vehicles, Walorski learned about new products, rebranding, and industry developments contributing to economic growth in the “RV Capital of the World.”
WASHINGTON, D.C. – Congresswoman Jackie Walorski (IN-02) released the following statement on the passage of The Working Families Flexibility Act of 2013, H.R. 1406. The bill offers private-sector employees the voluntary opportunity to work with employers to obtain paid time off, instead of cash wages for overtime hours worked.
MISHAWAKA, IN – Congresswoman Jackie Walorski (IN-02) completed a district-wide “Building Better Business” tour this evening, with her final stop at the Plymouth Chamber of Commerce. Joining roundtable discussions with an array of local business owners and volunteers across the district, Walorski learned important updates on relevant issues affecting economic growth in Northern Indiana.
By Tim Vandenack, Elkhart Truth
With the national debt approaching $17 trillion, U.S. Rep. Jackie Walorski says enough is enough.
She announced Monday, April 15 — tax day — that she’s introduced a proposal to amend the U.S. Constitution to require that the federal government maintain a balanced budget. It’s the freshman Republican’s first sponsored legislation and the proposal, House Joint Resolution 38, has been assigned to the House Judiciary Committee.
By Erin Blasko, South Bend Tribune
WASHINGTON, D.C. – Congresswoman Jackie Walorski (IN-02), a member of the House Budget Committee, introduced a balanced budget Constitutional amendment (H.J. Res. 38) as her first sponsored legislation in the 113th Congress. The resolution restricts outlays to revenue, allowing Congress to spend no more than it takes in each year.
WASHINGTON, D.C. – Congresswoman Jackie Walorski (IN-02) delivered the Weekly Republican Address calling for President Obama to work on a balanced budget that creates jobs and improves the lives of American families. As a member of the House Budget Committee, Walorski supports the House plan to balance the budget in 10 years without raising taxes. In light of Tax Day on Monday, Walorski discussed the fiscal challenges currently burdening hardworking Americans, ways to improve economic growth, and ideas to spur job creation.
MISHAWAKA, IN – In recognition of the three-year anniversary of the President’s Health Care Law, Congresswoman Jackie Walorski (IN-02) visited Complexus Medical to hear about the impact of Obamacare on Michiana businesses.
“The medical device tax is just one example of bad policy to burden innovators, eliminate good-paying jobs, and endanger quality care. Northern Indiana is the global leader of the orthopedic industry, but Washington red tape, higher premiums, and onerous mandates are compromising options for our seniors, veterans, and American families.”
WASHINGTON, D.C. – Congresswoman Jackie Walorski (IN-02) released the following statement regarding the House passage of the SKILLS Act (H.R. 803):
Washington is dangerously close to reaching the deadline for sequestration.