The plan would also give states flexibility to choose what works best for Medicaid in their states. In Tennessee, we’ve learned the lessons of failed Medicaid expansions through TennCare, and the Republican budget plan would ensure that Governors have the flexibility to run their states’ health care as they see fit.
Additionally, this plan would cut billions in spending in a responsible, yet meaningful way; all while ensuring taxes aren’t raised. The House Republican budget is just one of many plans the Republicans have put forth to cut spending and address our deficit.
The House Republicans’ latest plan to avert the fiscal cliff would save $2.2 trillion, an increase from the president’s plan.
The White House’s fiscal cliff plan, by contrast, calls for $1.6 trillion in tax hikes — twice the amount the president called for initially. The administration claims that the proposal contains $2.50 for each dollar spent, but only by using budget gimmickry that double counts the spending reductions already required by law as new savings. If Republicans were to count the savings already required by law as the president does, the House plan would save $4.6 trillion.
Worse, the White House plan calls for a new stimulus. The president already spent over $1 trillion on his failed stimulus with nothing to show for it—that is a mistake we cannot afford to make twice.
We must avert the fiscal cliff and to do so, both sides must come together and compromise so that hard-working American families don’t ring in the New Year with a tax increase of more than $2,200. President Obama’s version of compromise, however, is that Republicans just give in and go along with massive tax hikes and more reckless spending. We can’t allow that to happen, and I will continue working to ensure that the deal we reach lays the groundwork for future economic growth and job creation.
Roe is a member of the House Education and Workforce Committee.