On the recordMarch 12, 2008
when I'm back in Nebraska, I take the opportunity to listen to my constituents about the challenges they face in their day-to-day life. The high cost of fuel, rising energy prices, and the overall strength of the American economy are all concerns for Nebraskans and all Americans. Now is the time for Congress to step up to the plate and act with common-sense and fiscal responsibility. The budget resolution we are debating, however, lets the American people down on those two fronts. Instead of supporting common-sense budget process controls and responsible spending levels, this budget systematically guts a range of budget process tools, from the Majority's own PAYGO rule to abandoning any criteria for emergency spending. In other words, the policies which make it easiest to tax-and-spend. This budget hikes discretionary spending by $204 billion over 5-years on top of the Administration's proposed increase, the Majority loaded up their resolution with over 20 so-called spending ``reserve funds,'' and increased reliance on budget gimmicks, such as advance appropriations. Unfortunately, this budget increases spending, raises taxes to historic levels, refuses to fix the AMT--which will hit millions of middle-class taxpayers if nothing is done. It does nothing to rescue Social Security, Medicare or Medicaid despite the fact the Budget Committee has heard time and time again that something must be done about entitlement spending.
Source
govinfo.gov




