But we are adding to the balance and we are not cutting up the credit card.
We have to take the steps that we know need to be taken today to protect our people from danger in the future.
This idea that you are balancing the budget somehow when you are not is the Washington theory that got us into this fix.
The President's budget would increase spending every single year, doubling the nation's debt by the end of his first term.
There is no dispute that I can see that your budget costs for not a single year in which we add less than $600 billion to the debt.
The budget says it will save a trillion dollars over 10 years.
The debt goes up every year, and the deficit is--the debt has increased--doubled over this period.
I do not think it is a matter of opinion. I believe, Mr. Lew, it is flatly in error, and it cannot continue.
I believe any American that heard that would believe that this budget balances. It does not come close to do so.
No continuing resolution to fund the Government that fails to reduce spending will pass.
I think it is a dangerous theory. It is part of the reason we are here, this GDP argument. The debt goes up.
We are not inclined to use a share of the economy anymore. That is why we are broke.
We are not here fighting over spending and other issues and sacrifices... our economy is in danger.
Isn't it a fact that total discretionary spending increases every single year except maybe with the reduction in the military effort next ye...
In my opinion, we are too close, and as responsible Government officials we have a duty to help our country avoid risk that is unnecessary.
I believe that CBO's final letter right before the vote that it double counts the money is correct, and it is a miscalculation.
I think that is indisputable.
Well, over the next decade, the deficit will double from $13 trillion to $26 trillion.
