Rep. Rick Larsen, WA-02, issued the following statement about the Cooper/LaTourette budget substitute amendment that is modelled on the Bowles-Simpson Commission.
"I will vote tonight for a budget that closely aligns with the recommendations of the bipartisan Bowles-Simpson Commission which outlines a bold and balanced plan to reduce the deficit by more than $4 trillion. Cutting the deficit does not mean we have to ask only greater sacrifice from the poor, middle class and senior citizens. We need to share the sacrifice in an equitable manner.
"The plan requires $1 of new revenue through tax reform for every $2 in cuts. It would ensure the long-term solvency of Social Security and protect Medicare's guaranteed benefit for seniors.
"This bipartisan approach shows we can cut the deficit in a balanced way.
"I know many folks will have serious questions about this budget plan; however, Congress needs to plant the flag in the ground on a long-term plan for deficit reduction. If this plan doesn’t pass, then I will vote the Democratic substitute that is at least as serious in its approach."
