the gentleman's point, and the point of the gentleman before him, was that even in this budget with big deficits, $400 billion and more every year for the next 5 years, $2.1 trillion in the general fund, additional deficits, additional debt; even with those bottom lines, we have these significant cuts already made in this budget, and we are still running almost a half a trillion dollars in the red every year.
John Spratt: “the gentleman's point, and the point of the gentleman before him, was that even in this budget with big deficits, $400…”
Editor's note · Context
Discussing budget deficits and cuts during a floor speech.
Share
More from John Spratt
When President Obama was sworn into office at the beginning of this year, the economy was in deep contraction and jobs were being lost at a rate of 741,000 per month.
Mr. Speaker, the reconciliation bill before us does more than advance the cause of health care. It makes a landmark investment in education, one that will make college more affordable for millions of students, and all without adding a dime…
We are the Budget Committee, not the Energy Committee, and it is not our job to draft energy bills.
Over the last year and a half some truly extraordinary steps have been taken, including the so-called TARP program, the Recovery Act program, and the Fed's own actions to make an extraordinary amount of collateralized loans to its member…





