Good evening -- speak -- you tonight from Washington DC. The state of our economy is tenuous but our people remain the greatest example of freedom and prosperity the world has ever man people say... See More
Good evening -- speak -- you tonight from Washington DC. The state of our economy is tenuous but our people remain the greatest example of freedom and prosperity the world has ever man people say America's exceptional. I agree. But it's not the complexion of our scanner that twists and our DNA that make its unique America's exceptional because we're founded upon the notion. That anyone and fact everyone should be free to pursue life liberty and happiness. Here for the first time in history men and women were guaranteed in America a chance to succeed based not on who your parents -- But on your own initiative -- your desire to work. We're in danger that a forgetting what made -- great. The president seems to think the country can continue to borrow 50000. Dollars every second. The president believes that -- just squeeze more money out of those who are working. I don't think it'll work. The path we are on is not sustainable. But few in congress are in this administration. Seem to recognize that their actions are endangering the prosperity of this great nation. Ronald -- state government is not the answer to the problem government is the problem. Tonight the president told the nation he disagrees. President Obama believes the government is the solution more government more taxes more debt. What the president fails to grasp is that the American system that rewards hard work is what made America so prosperous. What America needs is not Robin -- but Adam Smith. In the year we won our independence Adam Smith described what creates the wealth of nations. He described a limited government that largely did not interfere with individuals and their pursuit of happiness. All that we all more. All that we wish to be is now threatened by the notion that you can have something for nothing. But you can have your cake -- needed to the you can spend a trillion dollars every year that you don't. I was elected to the senate in twenty and by people who were worried about their country worried about their kids and worried about the future. I thought I knew how bad it was until I got here it's worse that I could have ever imagined congress is debating the wrong things. Every debate in Washington is about how much to increase spending a little or a lot. How much to increase taxes a little or a lot. The president does is to go woe is me over the one point two trillion dollar sequester. Cuts in spending. That he and divorced and he signed into law. Some Republicans are now joining him. Few people understand that the sequestered doesn't even cut any spending it just slows the rate of growth. Even with the sequester if it goes through government will grow over seven trillion dollars over the next decade. Only in Washington. Could an increase in seven trillion dollars in spending over a decade be called a -- So what does the president's answer. Over the past four years he has added over six trillion dollars in new debt in May will do the same -- a second term. What solutions does he offer him he takes entitlement reform off the table and seeks to squeeze more money out of the private sector. He says he wants a balanced approach. -- the country really needs is a balanced budget. Washington acts in a way that your family never could they spend money they don't have. They borrow from future generations. And then they blame each other for never fixing the problem. Tonight I urge you to demand a new course demand Washington change their ways or be sent down. To begin with we absolutely must pass a balanced budget amendment of the constitution. The amendment must include street's tax and spending limitations. Liberals complain that the budget can't be balanced. But if you -- just one -- from each dollar we currently spend the budget would balance within six or seven years. The penny pullen has been crafted into a bill that millions of conservatives across the country support. It is often said. There's not enough bipartisanship. Up here. That's not true in fact there's polonium bipartisanship. Both parties have been guilty is spending too much of protecting their sacred cows a back room deals in which everyone up here wins. But every taxpayer loses. It's time for a new bipartisan consensus. It's time Democrats admit that not every dollar spent on domestic programs is sacred. And it's time Republicans. Myself included. Realise that military spending is not immune to waste and fraud. Where would -- cut spending moon but let's start with ending all foreign aid to countries that are burning our flag and chanting death to America. In addition the president could begin by stopping selling or giving F sixteens and Abrams tanks. To Islamic radicals in Egypt. Not only should this sequester stand many pundits say that's the question is far short that we need four trillion dollars in cuts. If you -- to freeze spending it would actually be called nine trillion in Washington. If we don't we're in danger of having -- creating -- credit rating downgrade. Now both parties we'll have to agree to cut we have to work together or we'll never fix our fiscal -- Bipartisanship. Is not what is missing in Washington. Common senses. Trillion dollar deficits hurt us all printing more money. Just feeds the never ending appetite for spending. And it hurts us all we pay higher prices every -- we go to the supermarket or the gas -- The value of the dollar shrinks with each new day. Contrary to what the president claims. Big government -- are not a friend to the poor and the elderly big government debt keeps the -- war. And saps the savings of the elderly. This massive expansion of -- destroyed savings and steals the value -- your wages. Big government makes it more expensive to put food on the table the government's not your friend. The president offers -- free stuff but his policies keeping four. Under President Obama the ranks of America's poor have swelled to almost one in six people. We are now -- an all time high and long term unemployment millions of Americans are struggling and out of work. The cycle must be broken. The will power to do this will not come from congress of seeing how they act it must come from the American people. Next month -- propose a five year balanced budget. A budget that last year was endorsed by taxpayer groups across the country for its boldness and for actually solving the problem. I'll work with anyone on either side of the -- who wants to cut spending. But in recent years there's been nobody to work with the president's -- massive tax hikes and spending increases. And you know how many people he gets to vote for a budget zero nobody voted for his budget not a single Democrat voted for the president's budget. How's that for a leadership. But at least he tried. Senate Democrats -- not even produced a budget in the entire town that have been in office. This is shameful. It's a display of incompetence that illustrates their lack of seriousness. This year they say they'll have a budget. But after just raising taxes by hundreds of billions of dollars. They now say that their budgets could include more tax -- the president tonight said he wants to squeeze more money out of folks. We must stand firm we must say no to any more tax hikes. Only through lower taxes less regulation and more freedom -- the economy begin to grow again. Our party is the party of growth jobs and prosperity. And we will boldly lead on these issues. Under the Obama economy twelve million people -- on a war. During the president's first term 800000. Construction workers lost their jobs and another 800000 simply gave up looking for war. With my five year budget millions of jobs would be created by cutting the corporate tax cutting the corporate income tax in half. But creating a flat personal income tax of 17%. And by cutting the regulations that are strangling American businesses. The only stimulus ever proven to work is leaving more money in the hands of those who earned it. For those who are struggling. We want you to have something infinitely more valuable than a free phone we want you have a job. And a pathway to success. -- the party that embraces hard work and ingenuity. Therefore we must be the party that embraces the immigrant who wants to come to America for a better future. We must be the party who -- immigrants as assets. Not liabilities. We must be the party that says if you want to work if you wanna be an American. We welcome news. For those striving to climb the ladder of success we must fix our schools. America's educational system is leaving behind including one who starts with disadvantages. We've cut classroom sizes and half we've tripled spending on education and still we lagged behind much of the world. A great education needs to be available for everyone -- you live on country glove lying or in government housing. This will only happen will we allow school choice for everyone. Rich or poor white brown or black every one. Let the taxes you pay for education follow each and every student. To the school of their choice. Competition has made America the richest nation in history competition can make our educational system the envy of the world. The status quo traps for kids in a crumbling system of hopelessness. When every child hand like the president's kids go to the school of their choice then the dreams of our children will come true. Washington could also use a good dose of transparency. Which is why we should fight back against middle of the night deals that in with massive bills that no one has read. We must continue to fight for legislation that forces congress to read the bills for goodness -- at least read the bills. We must continue to object when congress -- special interest riders on bills in the middle of the night. If congress refuses to Obey its own rules if congress refuses to pass a budget if congress refuses to read the bills -- -- say. Sweep the place clean the limit their terms and send them home. I've seen the inner sanctum of congress and believe me there is no monopoly on knowledge there. If they won't listen if they will not balance the budget then we should limit their terms. What the party that he adheres to the constitution. And so we won't let the liberals tread on the Second Amendment. We will fight to defend the entire bill of rights from the right to trial by jury to the right to be free from unlawful searches. We will stand up against excessive government power wherever we see it. We cannot. And will -- -- any president to act as if you -- king. We will not let any president u.'s executive orders to impinge on the Second Amendment. We won't tolerate secret list of American citizens who can be killed with out of trial. -- -- wrote that there can be no liberty. When the executive branch and the legislative branch -- combined. Separation of powers is a bedrock principle of our constitution. We took the president's court over his unconstitutional recess appointments and want. If necessary we will taken to -- again if he attempts to legislate by executive order. Congress must reassert its authority as the protector of these rights stand up for them. No matter which party -- in power whether it's a Republican or Democrat I -- -- Those abuses of power by the executive. Congress must stand. As a check to the power of the executive in he must stand as it was intended as the voice of the people. The people -- crying out for change they're asking for us to hear their voices to fix our broken system to work together. To -- our economy and to restore their liberty. Let us tonight let them know that we hear their voices that we can and must work together. That we can and must we chart our course towards a better future. America has much greatness left and -- We will begin to thrive again when we begin to believe in ourselves again. When we regain our respect for our founding documents. When we balance our budget. When we understand that capitalism. And free markets and free individuals. Or what creates our nation's prosperity.
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