I need to point out to my colleague from Massachusetts, as I do almost every time that we are on the floor together, and I do enjoy being on the floor with him, that he always brings up the fact that we had a surplus when President Clinton left office. Well, the reason we had a surplus, Mr. Speaker, when President Clinton left office had nothing to do with President Clinton. It had all to do with the fact that we had Republicans in charge of the Congress. And just before the Democrats took over the Congress in 2007, as my colleague from Massachusetts so well knows, the CBO projected that there would be a surplus in the United States. However, the Democrats took over in January of 2007 and immediately we began running deficits because of their profligate spending. I would also like to point out to my colleague from Massachusetts, as he so well knows, that the Democrats who are in control of the Senate held a vote last week on whether or not to change the Tax Code in order to disallow incentives that are given to the oil companies for securing oil for this country. And as he knows, again, it's controlled by the Democrats. It was turned down by the Senate. So I would like to point out to him that Republicans are not responsible for the deficit and Republicans are not responsible for denying legal tax exemptions to oil companies. It is the Democrats who are responsible for that. I will allow my colleague to make comments, but I won't allow him to rewrite history.…
On the recordMay 24, 2011
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