Political Quotes

On the recordMay 6, 2010
I thank the gentleman for yielding. Mr. Speaker, I rise today in support of the motion to recommit for H.R. 5019. As I stated earlier during floor debate, I have very serious concerns that my amendment regarding deficit neutrality was not accepted through the rules process. The majority has not allowed the debate to occur regarding this budget deficit issue. This MTR will ensure that this act is sunsetted if the legislation has a negative net effect on the Federal budget deficit. I feel that if this new program is important enough to authorize, it should be important enough for us to find a way to pay for it. I am concerned that the majority could not give any assurance that this bill will indeed be paid for without increasing the deficit. While I support the incentives to help provide energy efficiency, I am very concerned about the $6.6 billion price tag of this legislation. At a time when we are in a national deficit crisis, it is not appropriate to add $6.6 billion in spending to the deficit. As a Congress, we absolutely must stop this excessive spending. President Obama submitted his administration's fiscal year 2011 budget proposal with a record-breaking cost of $3.8 trillion. This budget proposal includes a $2 trillion tax increase over the next 10 years, and projected record deficits. This proposal will double our Nation's debt in 5 years and triple it in 10 years from fiscal year 2008 levels.…
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Bob Latta
Republican · Ohio

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