1976 Republican Platform: Fiscal Responsibility

As Republicans, we are proud that in this Platform we have urged tax reductions rather than increased government spending. With firm restraint on federal spending this Platform pledges that its proposals for tax changes reductions, structural adjustments, differentials, simplifications and jobproducing incentives -- can all be achieved within the balanced federal budgets we also demand as vital to the interests of all Americans. Without such spending restraint, we cannot responsibly cut back taxes. We reaffirm our determination that any net reduction of revenues must be offset by reduced government spending.

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