On the recordMarch 12, 2003
I wanted to enter into this discussion about the budget because I think it certainly is a worthy one in a time when our Nation has been attacked and is working hard against terrorism and to protect our domestic States from threats. We are at war. The reality is this is what our budget does. From fiscal year 2002 to 2003, there was a 7 percent increase. From 2003 to 2004 it will be about a 3 percent increase, with about a 5.5 percent increase in defense and in homeland security; there will be increases in unemployment insurance because of the economy; there will be increases in Social Security and, of course, a big increase in Medicare because of the prescription drug benefit that the President is pushing. Yet at the same time, we do need to tighten our belts. That is the way to attack the deficit. I am glad to see that the Democrats are interested in the deficit after all of these years. What I would hope is that we can come together on a bipartisan, wartime budget and put the interests of the troops first, of the economy, of homeland security, of our seniors, and yet, at the same time, tighten our belts here in Washington within the government bureaucracy. I look forward to that process.
Source
govinfo.gov




