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Part of America's greatness is its willingness to care for those who are truly in need. But those who defraud the system take money and resources away not only from American taxpayers but also from those who truly need help.

When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.

Throughout human history, the American Idea has done more to help the poor than any other economic system ever designed.

We do foreign assistance for altruistic reasons, certainly for humanitarian reasons, of course. But the main reason we do foreign assistance is we do it in the American national interest.

When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses financing investments that create new jobs.

This is a simple change that will provide a huge financial boost for many Americans, particularly low- to moderate-income families. It is an important step in making sure we do everything we can to encourage all Americans to save and plan for the future.

Programs like food stamps, unemployment insurance, Medicaid, and job retraining help Americans get back on their feet when they are down and out and laid off through no fault of their own.

It's very interesting, if you look at a study that was done by the Brookings Institute back in 2009, they determined that if Americans do three things, they can avoid poverty. Three things. Work, graduate from high school, and get married before you have children.

Financial inclusion matters not only because it promotes growth, but because it helps ensure prosperity is widely shared. Access to financial services plays a critical role in lifting people out of poverty, in empowering women, and in helping governments deliver services to their people.