John Yarmuth: “for too long, many of America's toughest challenges have gone unaddressed while massive debt was piled on the backs of…”

“for too long, many of America's toughest challenges have gone unaddressed while massive debt was piled on the backs of our young generations. Now, this Democratic-led House has proposed a budget that takes our Nation in a new direction and reaches balance in 5 years while lowering the deficit. By contrast, the President's proposed budget does not achieve balance at all, despite his promises to do so. The House budget also puts in place pay-as-you-go spending principles, finally requiring our government to balance and prioritize spending the way all American families must do. Restoring fiscal integrity is not only good for the budget's bottom line, but it is also important in protecting our national security, since much of our Nation's debt is owed to foreign governments. Mr. Speaker, the Democratic budget resolution begins the process of restoring fiscal integrity to the leftover Republican mess of reckless spending and massive deficits. It is time for a balanced budget that meets the needs of American families without mortgaging our future to foreign interests.”