As President Obama meets this week with business owners and Union representatives in preparation for his meetings with House and Senate leaders, we the American people need to let our representatives in Washington know that: Taxes, NOT TAX RATES, MUST be on the table in order to realistically deal with our fiscal issues.
Right now:
Spending is at about 24% of GDP.
Taxes are at about 15% of GDP.
Right now the most conservative Republican proposal is to cut spending to 19% +/- of GDP which will still leave a gap of 4-5% which leaves the fiscal budget 100s of billions of dollars in debt.
Please let your representatives know that taxes (not tax rates) MUST be on the table.
Why is this important?
The gridlock in Washington DC has been frustrating for all Americans. NOW is the time for Republican leaders in Congress to roll up their sleeves and work WITH President Obama to solve America's fiscal issues.