Mr. Speaker, the President submitted his final annual budget proposal to Congress this week. It was my hope that the President would have used this opportunity to progress an agenda that reflects our Nation's needs. Unfortunately, it seems to be exactly the opposite. The President's proposed budget is supposed to serve as a blueprint for our Nation's prosperity. Sadly, his plan offers an unrealistic way forward. Currently, our national debt stands at over $19 trillion. If the President got his way, that number would rise to $27 trillion over the next decade. The President has chosen to ignore the facts. If Americans have to balance their checkbooks and live within their means, so should the Federal Government. To pay for his spending, the President hopes to raise taxes and institute a $10 per barrel levy on an already anemic oil industry. I believe my constituents deserve better than that from the President, and we should work together to ensure certainty, not uncertainty, in today's challenging environment. ____________________
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