Mr. Speaker, I just want to make sure everybody is very clear as we have this discussion that if this proposed provision were to become binding, the net effect is almost certainly a very, very major tax increase. All we are talking about…

I have been the first one to say that excessive spending is a bipartisan problem.

When we look at how best to get our deficit under control, he makes the observation that a one-tenth of 1 percent increase in GDP growth accounts for about an additional quarter of a trillion dollars, $250 billion, in additional Federal…

Reclaiming my time, but the mechanism by which you choose to make that decision is precisely this, it is to say that we have to treat, even maintaining existing tax law, as though it were equivalent to launching a new spending program…

Do you think that there are the votes anywhere in this Chamber to have spending cuts when the Democrats in this Chamber would not vote for a Republican budget?

We are getting a bit far afield. I think one of the fundamental areas of disagreement that we have is the idea that my colleagues who offered the proposal, equate new spending with new tax relief, including maintaining existing tax law.

it seems to me we have had considerable debate about the substance of this bill today, and there is substantial evidence that the mandatory source status that is enjoyed by FPI is a policy that is harmful to a variety of American…

Business spends what it makes, government spends what it takes, and government should not take taxpayers' money and go into business against them and put these hardworking, tax-paying Americans out of business. The Toomey amendment will…

I think the fundamental reality here is we have an opportunity as well as a responsibility to win the peace just as we won the war, and the President's proposal is about winning the peace. The $20.3 billion that will go towards rebuilding…

I do not mind when pharmaceutical companies make profits. In fact, I want them to make profits because it is evidence that they are providing a product that people value and people need. I am also one of the most vehemently opposed…

Let me say, we can read the entire application, and the projects do not sound any more compelling or any more convincing. The point is this is about priorities. There are just so many devastating diseases that are killing people every day…

Mr. Speaker, clearly, the most painful and difficult and important decision that any of us here in Congress will ever face is the decision to send young men and women to war, knowing, as we all do, that many will be injured, some will die…

Mr. Speaker, the outright fraud of the recent accounting scandals constitutes theft that is appalling in nature and staggering in size. Millions of honest hardworking Americans who played by the rules, made sacrifices so that they could…

I would like to begin this discussion with just a brief commendation of my own for the gentleman from New Mexico (Mr. Skeen) who has provided such a great service to his constituents, to his State, and to America for many, many years. I…

if we exclude emergencies and look at the bill from last year and the bill that is proposed, my number suggests that this is an increase of 5.54 percent, to be exact, which is, of course, way above the rate of inflation and way above the…

I am amazed that I am hearing talk over here about where is the Republican plan to get out of the predicament that we are in. The obvious question is, where is the Democrat plan? Where has it been? Where is the budget? I sit on the…

I would just observe to my colleagues that it is not at all clear to me that the majority party's respect for personal and economic freedom and the desire for families to keep more of what they earn is in any way the cause of the numerous…

I just felt the need to respond to the level of really demagoguery and intellectual bankruptcy that I have been hearing from my good friends and colleagues on the other side of the aisle this morning and last night. I just feel the need to…

Maybe there is a new consensus in the Democratic Party. Maybe there is a new conscience about deficits that was never exhibited during the decades in which the Democratic Party controlled the Federal Government and ran up massive deficits…

I think it is a very safe bet that in the absence of that tax cut, the revenue that theoretically would have been collected, although that is theory, but that revenue would in all likelihood have been spent on any variety of government…

Under that logic the gentleman would suggest that Viet Nam was not a war, Korea was not a war, in the Persian Gulf we did not have a war, and today we are not at war. I would reject that categorically. It seems to me pretty clear that we…

Furthermore, Members know that if they had had their way last year, for instance, if they were in control of this Chamber and the rest of the Federal Government, I am sure there would have been no tax cut. I am sure that is true.

I would observe that part of the reason I did not yield time before is because I was concerned that what did happen would happen, which is that rather than refute the basic premise of my argument, the gentleman from Wisconsin (Mr. Obey)…

I think this is a sad day for our country. We are taking a big step in the wrong direction. I would say in the direction of Soviet style agricultural policy. It is hard to know where to begin with this bill, but let me start with the cost…

I really want to commend the gentleman from Nebraska (Mr. Bereuter) for crafting a very good bill, making Export-Import Bank more accountable to taxpayers. Specifically, I thank the gentleman from Nebraska for working with me to be sure…