Mike Pence: “with record deficits and a national debt at nearly $8 trillion, it is time to level with the American people: we are not…”

“with record deficits and a national debt at nearly $8 trillion, it is time to level with the American people: we are not living within our means here in Washington, D.C. Today, House conservatives will unveil our budget proposal for 2007. We are calling it Contract With America Renewed. Contract With America Renewed is a balanced Federal budget based on the budget passed by the House of Representatives in 1995 and was part of the Contract With America. Now, while not every Member of the Republican Study Committee endorses every proposal in this budget, House conservatives believe that this Republican Congress should return to our 1994 roots of fiscal discipline and reform. By enacting the Contract With America Renewed, we will balance the Federal budget, cut wasteful government spending, end outdated programs, while we protect Social Security and the President's tax cuts and provide for the national defense. We will do all of this while we actually reform entitlements to meet those obligations for future generations. The American people know that unbridled government spending threatens our future and our freedom. They long for leaders who tell it like it is and are honest about the choices we face. The men and women of the Republican Study Committee who will unveil the Contract With America Renewed today are such leaders and these are such choices. ____________________”