The 2010 Federal budget deficit will hit $1 trillion this month, and we've also recently learned that the Federal debt will reach $19.5 trillion by 2015. You'd think this would be a case for some real careful examination of the Federal budget. You'd think Congress would be looking everywhere for areas to trim and programs to cut. But that is not the case. It's been almost 2 months since the deadline to introduce a budget resolution passed, and House Democrats still haven't produced a budget. How are we going to get spending under control and bring down the deficit if Congress won't even consider a budget? Madam Speaker, it's time for Congress to consider a budget, one that puts taxpayers, not big government, first.
Virginia Foxx: “The 2010 Federal budget deficit will hit $1 trillion this month, and we've also recently learned that the Federal debt…”
Editor's note · Context
The speaker addresses the federal budget deficit and the lack of a budget resolution from House Democrats.
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