On the recordJuly 31, 2007
Mr. Chairman, I am happy that the Chair is accepting this amendment, but I would like to speak on it as an opportunity to speak about cutting government spending. Though it's just $50,500, that's far more than the median income in my district. I want the American taxpayers to know that this is an important step, and it's good that they're accepting a limitation on the rapid increase in spending within this legislation. There are a lot of good points that we have to consider here. We have to consider the totality of government spending when we're debating here on the House floor. The government spending for this fiscal year is over $2.7 trillion. To put that into perspective, Mr. Chairman, that is larger than all the economies of the world, except for two. It is far larger than even the Chinese economy, which is about $1.9 trillion. The reason why I bring this up is that when we're discussing each of these appropriations bills, we tend to focus on small parts of the appropriations process.
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