We must reduce our long-term debt, but not at the expense of short-term investments like education and jobs training, transportation and infrastructure, and research and development that will create jobs, grow the economy, and rebuild a strong middle class as well as create ladders of opportunity for those working to get into the middle class. I believe in a balanced approach to reducing our deficit – one that cuts spending responsibly, closes corporate tax loopholes, protects the most vulnerable, and ensures millionaires pay their fair share. We cannot simply cut our way to prosperity. Instead, we must continue to examine a long-term deficit reduction plan that preserves investments that will ensure we remain the competitive leader in an advancing, global economy.
More on Fiscal Responsibility
Washington, D.C. – Congressman Donald M. Payne, Jr. (NJ-10) released the following statement after voting in support of the FY 2018 Omnibus Appropriations Act, which passed the U.S. House of Representatives: