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WALORSKI SUPPORTS HOOSIER BILL TO RESTORE FISCAL TRANSPERENCY

March 6, 2013
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  03/07/13 Congresswoman Jackie Walorski (IN-02) Tuesday supported a bill sponsored by Congressman Luke Messer (IN-06) requiring the President to tell Congress how much future deficits will cost taxpayers (H.R. 668).  This legislation passed with overwhelming bipartisan support, with a final vote of 392-28.

“I applaud the passage of Rep. Messer’s legislation to bring Hoosier common sense to Congress,” said Walorski.  “This bill enforces a basic principle to restore transparency at the federal level, illustrating the impacts of decision-making in Washington and the effects on American families and future generations.” 

If signed into law, the President must include a calculation in the annual budget submission detailing the per-taxpayer cost of any yearly deficit in that budget.  Based on the amount of tax returns filed in the most recent year, each taxpayer owes roughly $6,896 to cover the estimated one-trillion dollar shortfall in the President’s last budget.  

“Hoosier families sit around their kitchen tables and make tough decisions to keep a budget.  They deserve to know exactly how Washington spending influences our nation’s deficit to ensure the President and lawmakers are making responsible decisions with their hard earned dollars.”

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One Response to “ WALORSKI SUPPORTS HOOSIER BILL TO RESTORE FISCAL TRANSPERENCY ”

  1. Thor on March 7, 2013 at 8:02 am

    This could be an excellent educational tool to make people realize how much the federal governments largess is actually costing them. Of course it must pass the Senate, signed by the president and then actually reported in the press.

    It would also be educational to remove automatic deductions from pay, requireing everyone to cut a check to the government every time they are paid…or taking automatic sales tax deductions out of purchases and making folks pay for a product then pay for the government.