First, I want to thank Budget Committee Chairman Paul Ryan and Ranking Member Chris Van Hollen for allowing the House to consider this measure, which will require the President's annual budget submission to Congress to include the cost per taxpayer of the deficit for each year the budget is projected to result in a deficit. This bill is based on one simple principle: that each hardworking American taxpayer deserves to know how much the deficit costs them each year. This requirement would be a powerful reminder to the President and Congress that our decisions have real-world consequences for hardworking taxpayers. It's long past time to hold Washington accountable for its wasteful spending. The massive national debt has ballooned to an unsustainable level because Washington has refused to make tough choices, instead, simply spending money we don't have and ignoring the explosive growth of entitlements. This abdication of responsibility is delaying the inevitable until there may not be any good choices left. Mr. Speaker, I reserve the balance of my time.
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