John Spratt: “I have great respect for the distinguished majority leader, but I have to take exception when he says if we hold the…”

“I have great respect for the distinguished majority leader, but I have to take exception when he says if we hold the line on spending and let revenues continue, we will balance the budget in 5 years. The deficit this year without offsetting Social Security per this resolution for next year will be $545 billion. In 5 years, according to this resolution, it will be $428 billion. During that same period of time between 2002 and 2011, the debt of the United States will grow to $11.3 trillion. That is twice its level when President Bush came to office. I don't think we are making the progress that we must make if we are really to get this problem under control. Mr. McGOVERN. Mr. Speaker, I yield 1 minute to the gentleman from Wisconsin (Mr. Kind).”