The economic downturn that began in 2008 was the worst our country experienced since the Great Depression. Since then, America has been on a sluggish recovery plan that has been slow in lifting our economy and helping Americans. I believe the best way to get our economy to reach its full potential is through limited regulations, tax reform to make our country competitive in the world, and through responsible government spending.
Under President Obama, harmful regulations were enacted and overreaching laws such as the Dodd-Frank Act were passed. These hindered business, cost jobs and wages, and slowed our economy. If we want to keep and create jobs while growing our economy closer to three percent growth instead of the recent average of one to two percent, we need comprehensive tax reform and a rollback on Washington overreach.
Similarly, we need a balanced budget to remain competitive. I have supported a balanced budget amendment since I was elected because it is imperative for the future of our country. The inability for Washington to manage its finances is unacceptable. Hardworking American families live on a budget, and we should expect the same from the federal government.
As a former CPA and tax lawyer who sits on the Ways and Means Committee, I have a unique seat at the table for all tax related issues. I will fight for a more simple tax code that encourages job creation and grows our economy to lift the 7th District and help restore American competitiveness in the world.