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Entries in Bob Corker (2)

Saturday
May052012

GOP Address: Sen. Bob Corker Calls for Tax Reform and Preserving Free Enterprise

US Senate(WASHINGTON ) -- Republicans in Congress have long accused the Obama Administration and Democrats for mismanaging the federal budget, and Sen. Bob Corker of Tennessee does not depart from that trend in this week's Republican address.

Recalling the time in his 20s when he saved enough to start his own construction business, Corker says he got into public service to ensure Americans the chance to "earn success" and "live the American Dream" as he has.  But, he says, "I fear our country is moving to a place where politicians have lost sight of the value of earned success."

Corker adds, "Politicians are bankrupting our country by passing legislation without paying for it and abandoning the free market principles that give people the opportunity to succeed."

Sen. Corker lambastes the Democrat-controlled Senate for not passing a budget in three years, while the government "spends more than $3.5 trillion a year, much of it borrowed from outside the United States [with no] guideline for how that money is spent."

The Tennessee senator doesn't stop there, either.  He calls out Senate Majority Leader Harry Reid, D-Nev., and the chairman of the Senate Budget Committee, Kent Conrad, D-N.D., without naming names for refusing to hold a vote on the budget.

Meanwhile, Corker says, "President Obama's budget failed to receive a single 'yes' vote in either House of Congress last year."

"Failing to accomplish even the most basis responsibility of government is a total failure of leadership and represents everything the American people hate about Washington," Corker says in the address.

Corker also calls on government to reform Medicare and Social Security, but "the president punts on almost every tough decision."  He adds that the president is appealing to college students about student loan debt, while "robbing those same young people of their American inheritance, spending their money on my generation and engaging in nothing short of generational theft."

Corker suggests that not dealing with these issues could be this country's greatest enemy, but says it could also be our greatest opportunity.  He offers a solution:

"We need pro-growth tax reform.  This means simplifying the tax code and doing away with most, if not all, of the $1.2 trillion in loopholes and tax expenditures that Congress has created to try to drive your behavior," he tells Americans. "This would allow us to broaden the tax base and lower rates for everyone."

Lastly, Corker underscores the importance of preserving the principles of free enterprise.

"Growing the private sector, not government, will ensure that we remain the strongest country in the world," he says. "Nothing makes people happier than earning success," he later adds.

Copyright 2012 ABC News Radio

Monday
Jun132011

Sen. Bob Corker Says War in Afghanistan 'Not Sustainable'

ABC News(WASHINGTON) -- In another sign of growing bipartisan concern about American involvement in Afghanistan, one Republican Senator on the Foreign Relations Committee says the war is "unsustainable."

"I think all of us who have been in Afghanistan on the ground multiple times know that what we're doing there on the ground is just not sustainable," Sen. Bob Corker, R-Tenn., told ABC News.

Outgoing Defense Secretary Robert Gates has suggested the troop withdrawals scheduled to begin this summer should be "modest," but Corker joins others in Congress who are looking for a significant draw down of American involvement in Afghanistan by the end of the year -- including scaling back what he called the U.S. "nation-building effort" in Afghanistan.

"We've got this huge nation-building effort under way [and] I think if our citizens saw our footprint in Afghanistan, saw what was happening there from the stand point of all the things we're investing in in this country, the distortions in its culture -- we've got to change our footprint," Corker said.  "This is not a model that we can replicate in other Middle Eastern countries."

In his interview with ABC News, Corker also weighed in on the debate over raising the debt ceiling.  While it has been raised almost 100 times since it was established in 1917, this time some Republicans are saying it should not be raised again.  But as the nation's debt inches closer to the current limit of $14.3 trillion, Corker says raising it is not a matter of if, but of when.

"The debt ceiling at some point has to be raised," Corker said.  "I don't think there's anybody that questions the fact that if we ended up getting in a situation where the U.S. government was sending out IOUs like the state of California did at one point, that ends up creating quite a brand problem for our country."

Treasury Secretary Tim Geithner has said the $14.3 trillion debt ceiling was exceeded in April, but accounting maneuvers (like halting contributions to pension funds) will finance U.S. financial obligations through Aug. 2.  Like many of his Republican colleagues, Corker questioned Geithner's timing on a debt ceiling breach.

"We don't know what the date is," Corker said. "I mean any smart treasury secretary would not say three months out Aug. 2 is the deadline. I don't know what the date is. It might be Aug. 2, it might be Aug. 15, it might be Sept. 20. Who knows?"

Corker and Sen. Claire McCaskill, D-Mo., recently introduced the Commitment to Prosperity (CAP) Act, legislation that gradually enacts a cap on federal spending.  The proposal would limit federal spending at 20.6 percent of the gross domestic product -- the typical level for the past 40 years.  The current level is 24.7 percent.  According to Corker, that would result in spending reductions of $7.6 trillion over the next decade.

Copyright 2011 ABC News Radio







ABC News Radio