Thank you, Congressman Stutzman, for yielding me this time and for your hard work and leadership on the RSC's budget task force. Thank you, also, to Chairman Flores for his great leadership. Mr. Chairman, America's national debt is now well over $18 trillion. Because of out-of-control spending, we add another $1 million to the debt approximately every 30 seconds. The Republican Study Committee's Blueprint for a Balanced Budget takes important steps to rein in our bloated bureaucracy, cuts unnecessary regulations, and strengthens job creation while it increases transparency and oversight. Here is our budget proposal. It cuts $7.1 trillion in spending over 10 years. It balances the Federal budget in 6 years. Imagine that. It repeals ObamaCare and replaces it with competitive reforms that will lower costs for all Americans while protecting the relationship between the patient and his doctor. It preserves Social Security, Medicare, Medicaid, and food stamps through commonsense reforms that bring these programs into the 21st century. It also addresses inadequacies in President Obama's budget by providing critical funding for our national security. Since I have started speaking, Mr. Chairman, we have added $2 million to the national debt. That is insanity. Our Founding Fathers never intended for Washington to provide massive, one-size-fits-all programs that will not create better opportunities for hard-working, tax-paying Americans.…
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