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Statement by Congressman McCaul on Select Committee

November 21, 2011
"I am disappointed that Democrats on the select committee have balked at proposals made by Republicans to reform entitlements – a genuine attempt to make the most significant systemic change to the long term use of taxpayer dollars. Washington does not have a revenue problem. It has a spending problem. Unfortunately, Democrats continue to counter legitimate cuts with tax increases which only serve to penalize families and businesses and protect the status quo of unsustainable budgets. Congress must fulfill its responsibility to cut a minimum of $1.2 trillion and I believe it is incumbent upon us to come to an agreement on the sensible downsizing of government."
- Congressman Michael McCaul (TX 10)