WASHINGTON, D.C. -– Today, Pennsylvania Congressman Patrick Murphy (D-8) voted to create jobs, protect middle class tax cuts, make long-term investments in our economy and cut the deficit by more than two-thirds over the next four years. By voting in favor of the budget, Rep. Murphy voted for a long term economic plan that will get our economy working again and put us on a path toward renewed prosperity. The budget -- which passed 233-196 -- will cut the deficit nearly two-thirds by 2013. It also preserves $1.5 trillion in middle-class tax cuts. It will create jobs and grow our economy with targeted investments and reforms in health care, clean energy and education while reducing non-defense discretionary spending to its lowest level in nearly half a century. This long term economic plan ushers in a new era of honesty in budgeting by fully accounting for military spending in Iraq and Afghanistan.
“I believe that budgets are moral documents -- and with this one, we are making it clear that in order to solve the problems we face, we must invest strategically to create jobs and jump start our economy,” said Congressman Patrick Murphy. “I am proud that with this budget, we protect middle class tax cuts, finally account honestly for the money spent in Iraq and Afghanistan and we cut the deficit by almost two-thirds in four years.”
“If we don’t tackle big problems in health care, energy and education in an honest way, we are going to be stuck in the same situation we have been in for years. This budget will get our economy back on track and reduces the burden on future generations,” added Murphy.
Key Features of the Budget:
- Cuts the deficit by nearly two-thirds by 2013.
- Protects $1.5 trillion in middle class tax cuts.
- Invests in health care, education and energy for job creation and long-term economic growth.
- Honest accounting for war spending in Iraq and Afghanistan for the first time.
- Cuts non-discretionary defense spending over 10 years to its lowest percentage in more than 50 years.
- The budget also puts Congress on the path to PAYGO spending for the long-term.
Labels: 8th District, jobs, Patrick Murphy, taxes
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