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Well, this administration is digging deeper and deeper and deeper. As I said, do not take my word for it. We have our own budget shop. As someone earlier said, it is now run by a very able economist who came from the Bush administration…
I believe the correct number is $984 billion over the next 12 months. And under rule 27, if it applied, the debt increase would go up every year, staircase for the next 10 years, and the public debt subject to statutory limitation would…
we have before us a conference report, but everyone should understand there has been no conference in which the House or Senate Democrats have had any role or any part whatsoever. This conference report comes to the floor in the same…
for the record and for clarity, we only got this document minutes before coming to the floor. It is hundreds of pages long; but if you turn to about page 70, you will see just for clarity our debt limit now is $6.4 trillion. Vote for this…
let me put this budget in context. Two years ago we all hailed a projected $5.6 trillion surplus, and our colleagues on the other side of the aisle bet the budget on that surplus, that blue-sky forecast. Two years later when the Office of…
Let me make it clear to the gentleman, my good friend, the chairman of the committee, in the budget resolution we presented to the House, at the end of the year 2013, which is the last year in the 10-year time frame, our budget produced…
First of all, when the budget resolution before us now left the committee, it provided for $30 billion in Veterans Administration cuts, as the gentleman well knows. Thirty billion dollars. It was reduced to $28 billion when it left the…
That is exactly the point. They claim they were actually allowing the veterans budget to increase. And in nominal terms it does go up. But of course a dollar today will not buy the same thing as a dollar tomorrow, number one. Number two…
I would like to open up by saying when the President sent us his budget this year the Office of Management and Budget, OMB, acknowledged that the surplus of the $5.6 trillion which we all hailed 2 years ago is gone. It has vanished. In…
There are deep cuts that have been made in veterans programs on both sides, mandatory entitlement programs and the veterans health care service, which is discretionary. We fund it every year in appropriations bills. By the way, we are…
$74.7 billion seems sufficient to wage war for quite some time, but when it is broken down, there is less than meets the eye. Of the $74.7 billion, $62.6 billion goes to DoD. Of the $62.6 billion allocated to DoD, $30.3 billion goes to…
once again, I yield 30 seconds to myself to say that in no way can this resolution be construed to support a tax cut of $514 billion. If the gentleman wishes to put that construction upon it, I am here to say, as the author of it, it does…
In the amount of $396 billion, which would be deducted from the gentleman's tax cut. We would instead invest it in the insolvency of Social Security.
We are seeking to restore to the level the President requested Medicare, Medicaid, education.
Mr. Speaker, but for one vote, the budget resolution that we now seem to send to conference would have gone down. Fortunately, there is still a way out for this budget with its massive deficits and its misguided priorities: we can rewrite…
it means it is to remove, in the case of agriculture, a reduction of $18 billion.
I commend both sides for the bipartisan effort they have made here to restore a proud, proud tradition. I am just old enough to remember the Gold Star and Blue Star Banners. I am a war baby born in 1942. But I still have a dim recollection…
we are as concerned as any Member of this Congress about squeezing out waste, fraud and abuse. But we sincerely doubt that you can squeeze, ferret out $265 billion in waste, fraud and abuse. If you can, I would say to my colleague, where…
this restores spending to the present levels for Medicaid, Medicare, school lunches. In addition, this does not endorse any particular level of tax cut. It simply says it adjusts the revenues accordingly after restoring these amounts to…
Mr. Chairman, here is the dilemma we are faced with. If this budget passes and becomes real, which I doubt, it will be devastating to our children and their education, to our seniors and their security, and to some of the most worthy…
Mr. Chairman, we, too, fully fund homeland security. By the best of our reckoning, we are providing at least $24 billion over and above the increase that the President is providing. It is allocated among lots of different functions…
They come from the budget documents. His budget calls on the Committee on Energy and Commerce, for example, to reduce spending by $107,359,000,000. The only thing they can take that out of is the Medicaid program. He calls on the Committee…
Mr. Chairman, let us just go to the bottom line and look at the differences between the two proposals that will be the chief proposals before the House when we vote tonight on the budget resolutions, the Democratic proposal and the…
quickly let me commend to the gentleman's reading an excellent piece of work done by the Joint Economic Committee staff called an Economic Policy Brief, and in particular to page 8, because if you will turn here, we will see that the JEC…
Mr. Chairman, my colleague calls this a wartime budget, but everyone should understand there is nothing in this budget to pay for the war in Iraq that is now underway. There is not even anything in this budget to pay for the war against…
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