This chart really points that out, ``Ignoring Entitlement Reform,'' which is exactly what occurred 2 rac{1}{2} weeks ago when our friends passed our budget. When the Republicans were in charge, with the Balanced Budget Act we passed in 1987 we saved nearly $130 billion. With the Deficit Reduction Act just a few short years ago in 2005, about $40 billion. With the budget that was adopted 2 rac{1}{2} weeks ago, none, zero. No entitlement reform. No automatic spending reform. And consequently, what you know and what I know is that we are on track to spend that 62.2 percent in a few very short years.
Tom Price: “This chart really points that out, ``Ignoring Entitlement Reform,'' which is exactly what occurred 2 rac{1}{2} weeks ago…”
On the recordApril 17, 2007
Source
govinfo.govEditor's note · Context
Discussing entitlement reform and budgetary issues during a floor speech.
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