John Spratt: “We did. We offered it on the House floor this past budget season, and we will put it up again. As my colleagues will…”

“We did. We offered it on the House floor this past budget season, and we will put it up again. As my colleagues will see, it involves foregoing some of the tax cuts that the Bush administration has pushed through Congress, primarily for the reason that the projections upon which those tax cuts were based have not been obtained, they have not come about, they are a fraction of what was forecasted and expected. So, we have to adjust our budget, our taxes, back to fiscal reality. If we do that, by the year 2010, 2012, we are back in the black again. But it is a big decision. It is a big decision. It can be done, and that was one of the purposes of our budget presentation, was to show that it can be done. We can argue about how to do it, but it is certainly feasible.”