WASHINGTON, Feb. 5 /PRNewswire-USNewswire/ -- House Republican Whip Roy Blunt (Mo.) today issued the following statement supporting President Bush's budget for fiscal year 2008:     "The president's budget makes clear that we can balance the budget in five years without raising taxes or allowing the tax relief that has fueled our economic growth to expire. This is a great opportunity for Republicans and Democrats to work together to eliminate the deficit and bolster economic growth.     "The president understands, as do House Republicans, that tax increases on individuals or businesses would slow the economy, reduce take-home pay and job creation, and limit revenues to the federal government.     "Over the last several years, we have made tremendous progress reducing the deficit. The president's budget submission is a good starting point, but we can and should do more. By continuing to hold the line on spending, enacting pro-growth initiatives, and with bipartisan cooperation in Congress, we can surely balance the budget even sooner."     CONTACT: Burson Taylor Snyder or Amos Snead of the Office of House Republican Whip Roy Blunt, +1-202-226-7022  

SOURCE Office of House Republican Whip Roy Blunt