WASHINGTON – In reference to President Obama’s Thursday address to a joint session of Congress, U.S. Senator Bob Corker, R-Tenn., said today the best way for us to deal with the issues our country faces in the short term is to focus on the long term. Corker urged President Obama to use his address to outline a plan to peel back unnecessary federal regulations, eliminate tax loopholes and lower individual and corporate rates, address entitlement reform, reduce the deficit, pass a longer-term highway bill, pass free but fair trade agreements and produce more American energy.
“By fiddling around the edges and suggesting short-term, superficial fixes, Washington is creating uncertainty and making things worse. It’s the private sector that creates jobs; the federal government’s role should be to create the proper environment,” said Corker. “The best way for us to deal with the issues our country faces in the short term is to focus on the long term and create certainty. We need to peel back unnecessary federal regulations that are hurting job creation, embrace tax reform that eliminates loopholes, permanently lowers individual and corporate rates and broadens the base, address entitlement reform in a meaningful way that ensures solvency, encourage the debt super committee to achieve at least $3 trillion in overall deficit reduction, pass a longer-term highway bill – not just a four-month or six-month extension and free but fair trade agreements that expand markets for American products, and grow all forms of domestic energy production.”