Mr. Chairman, I will begin by emphasizing that the colleague who just spoke was correct in one regard, and that is a simple point that the President's budget is not on the floor tonight. It is not on the floor tonight because nobody on the other side had the guts to bring it to the floor tonight. Even the ranking member of the Committee on the Budget refused to bring the President's budget to the floor, because it raises taxes $130 billion, it raises spending $150 billion, it creates new entitlements, it creates new programs, and not a single Member on the other side was willing to bring that sham to the floor. Instead we are talking about a Republican budget plan. Perhaps the problem is that it is too simple a vision for some on the other side to understand. It does three principal things. It pays down public debt. It reduces the amount of debt held by the public by taking surpluses and using it for that important cause. It shrinks the rate of growth of government by 1 percent. And it uses that controlling the size of government to eliminate the marriage penalty.
Editor's note · Context
Discussing the President's budget and contrasting it with the Republican budget plan.
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