July 26, 2011

ADULT SUPERVISION:

Guinta: Boehner plan is best we can get right now (Drew Cline, Jul 26, 2011, Union Leader)

In an interview this afternoon, Rep. Frank Guinta told me that he supports House Speaker John Boehner's debt ceiling proposal, which has Republicans and conservatives hotly divided. The Club for Growth opposes it, while House Budget Committee Chairman (Guinta is on the Budget Committee) Paul Ryan and the U.S. Chamber of Commerce support it. [...]

Guinta's goal is to "Get back down to our historic average of government expenditures vs GDP, which should give you a surplus, plus pass a balanced budget amendment. To me, if you do that, you then give predictability not just to the markets, but it gives predictability to job creators.

"All those entities that have collectively upwards of $1 trillion sitting on the sidelines" will start to invest again, he said.

"It's not perfect," Guinta said of the Boehner plan. "But short of Cut, Cap and Balance, it is the strongest cap on spending that we can actually pass..."


Posted by at July 26, 2011 6:42 PM
  

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