Congressman Jeff Fortenberry doesn’t see President Obama’s “grand bargain” as a bargain at all.
Fortenberry doesn’t see any support building for the president’s call to lower corporate income taxes in exchange for more spending on infrastructure.
Fortenberry says federal governmental spending must come down, for the sake of the economy.
“Our over-spending and the level of debt are actually a threat to economy, itself,” Fortenberry tells Nebraska Radio Network.
Fortenberry says Congress must use a nuanced approach; creating a fair, simpler and balanced tax structure while bringing down federal government expenditures and improving the delivery of governmental services.
Fortenberry says Congress and the president need to come to an agreement on the least-harmful way to reduce spending, rather than through the automatic budget cuts triggered by sequestration.
“Sequestration is not a good way to cut the budget,” Fortenberry says. “It is too heavy-handed. It’s not nuanced. It doesn’t give the agencies the ability to prioritize one type of program over another and that’s the problem here.”
Fortenberry says he has seen the effects of sequestration in his Congressional district with the furloughs of civilian workers at Offutt Air Force Base near Omaha.
He says it’s an aimless way to cut spending.
“It’s a meat cleaver type of approach. It’s clumsy,” Fortenberry says.
The congressman hopes that budgetary negotiations this fall will replace sequestration with a plan to reduce the federal deficit while maintaining needed services.