Steny Hoyer: “I share the amusement of the gentleman from Wisconsin (Mr. Obey), my ranking member, at the recitation of history. First…”

“I share the amusement of the gentleman from Wisconsin (Mr. Obey), my ranking member, at the recitation of history. First of all, CBO, your CBO that you appointed the chair of 2 years ago came down and said the reason we have cut the deficit is not because of anything that was done on the Republican leadership, it was because of the 1993 economic program that was adopted by Democrats only, not one Republican voted for it, and the 1990 program signed by President Bush, which was excoriated by that same Speaker Gingrich and a number of the rest of the Members of his party. The gentleman from Florida (Mr. Scarborough) also has a selective memory, I suggest to my colleagues, about what Mr. Greenspan said before the Committee on the Budget, the Joint Economic Committee, and every other committee before which he has testified about the tax cuts. Then you take out each individual item. You were smarter this year.…”