U.S. Congressman Michael C. Burgess, M.D. 26th District of Texas

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The Economy

United States' strength is drawn from a robust and healthy free-marked based economy. We are the fastest-growing economy of any major industrialized nation in the world, and as member of the Joint Economic Committee, I will continue to support policies, like health care reform and tax reform, which will encourage current and future economic growth.

Reckless spending is one of the biggest problems currently plaguing our federal government and has contributed to the growing budget deficit. As a fiscal conservative, I will continue to hold the line on the federal deficit by working to restrain discretionary spending. This is critical, given the current state of our economy. I will do my best to ensure that Congress exercises fiscal restraint in order to achieve a balanced budget, while still allocating sufficient funding levels to meet the needs of our American communities.

I strongly support fundamental tax reform, and believe we need to overhaul the tax code. Each Congress I introduce the Freedom Flat Tax Act, which would simplify our nation's tax code and encourage people to make financial decisions based on common-sense economics.

Without a doubt, small business is the engine that drives our local and national economies. I am committed to promoting our nation's small businesses and reducing the tax and paperwork burdens the federal government places on them.

Related Websites:

U.S. Department of Labor
U.S. Department of Commerce
Frequently Asked Tax Questions and Answers
Money and Taxes at firstgov.gov