FreedomWorks Vice President of Legislative Affairs Jason Pye released the following statement regarding the possibility of the Senate including spending cuts as a trigger if the economy fails to produce enough revenues under the new tax code:
“Congress has a spending problem, not a revenue problem. It’s frustrating that some Republican senators, who pride themselves as so-called ‘deficit hawks,’ demanded tax increases if growth targets weren’t met, rather than spending cuts. These same senators regularly vote for more spending, making them part of the problem.
“If we can tie tax reform to spending cuts if we don’t meet revenue projections – fantastic. We should have spending cuts anyway. And the purpose of tax cuts is to create a more vibrant economy, not to take more dollars from American citizens.”