Mr. Speaker, about 2 years ago, the Government Accountability Office brought before the Ways and Means Committee a study that said if we continue to tax at the current percentage of the economy and continue to spend in discretionary spending at the current percentage of the economy that just 33 years from today the entire Federal revenue stream will be insufficient to just pay the interest on the debt. I know the Democrats will say raise taxes. In 100 percent of the time in the last 60 times that we have raised taxes, we have slowed the economy and slowed revenues. This Congress will not reduce spending. So what is their solution to our dilemma? The problems are, as the GAO said, three entitlement programs, Medicare, Social Security and Medicaid. They propose to give us another one, with no caps, expanding coverage to illegal immigrants, by the language from the CBO, expanding coverage to adults with no children, by the definition of their act, and allowing the States to lift the ceiling on eligibility entirely. This is a back-door or front-door entrance for Hillary care, national health care.
JOHN LINDER: “Mr. Speaker, about 2 years ago, the Government Accountability Office brought before the Ways and Means Committee a study…”
Editor's note · Context
Discussing the implications of federal spending and entitlement programs.
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