We are committed to putting the nation on a sound fiscal path. We recognize that this will require a combination of revenue increases, spending cuts and reforms to our major entitlement programs.

We need to take full advantage of America’s remarkable economic potential. This includes respecting our markets; promoting responsible free trade; building and maintaining a twenty-first century infrastructure; creating a more efficient tax system; restoring fiscal sanity by bringing the overall budget back in balance; and rebuilding our international institutions to handle modern issues that transcend national borders.