I think NAFTA has been extremely beneficial to the United States, in many ways, but there's no question after 23 years it needs to be updated, to say the least.
Congress must build on the success of the Budget Control Act.
Americans have seen the value of the dollar slowly decline due to the steady erosion of inflation.
As chairman of the House Ways and Means Committee - the chief tax-writing body in Congress - I understand that true comprehensive tax reform is tremendously difficult.
I firmly believe Americans are far better off under tax reform than they ever were sticking with this old, messed up, outdated tax code.
My belief is that despite all the media hoopla, there is much more that unites Republicans than divides us.
It's time to permanently lower America's tax gate so that the $2 trillion in stranded U.S. profits can flow back into America to be invested in new jobs, research and growth.
South Dakota, like a lot of rural states, small states, there are small cities with a very big work ethic, very common sense approach. That has certainly shaped me.
Houston is a dynamic, international city shaped by leaders who dreamed big and acted with an eye firmly focused on the long term.
Urgency creates decision making.
Requiring the Fed to focus on preserving the purchasing power of the dollar will create a solid foundation for economic growth.
There is a difficult leap between talking about balancing the budget and actually doing it.
We're going to have to find a way to serve our constituents and our taxpayers better and quicker and more accurately with fewer workers. I'm convinced we can do it and we don't have a choice.
What we lack is a good, strong business climate with lower taxes, fairer regulation.
Here's my thinking: Since tax reform only occurs once a generation, let's not tweak what we have and call it a day.
Dave Camp, in my view, made tax reform inevitable in the sense that he showed you could broaden the base and lower the rates and simplify the code and be competitive around the world and make it more understandable.
The Fed contributed to the financial crisis, keeping interest rates too low for too long. I give them credit for responding and stabilizing the economy and the financial sector during the crisis. But then they tried to do too much with quantitative easing that went on forever, just dramatically exploding their balance sheets.
Under Obamacare - which placed 159 federal agencies, commissions, and bureaucracies between patients and doctors - patients not only face dramatically higher health care costs, they've also lost the power to choose the options right for them.
If we truly want to achieve lasting economic growth, we need our businesses to do more business - and we need them to do it in America.
At the end of the day, Republican-driven tax reform is not only going to be good for the economy and for growth. It's going to be good for middle-class Americans.
