On the recordApril 17, 2007
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.
Source
govinfo.gov




