On the recordMay 28, 2010
I serve as the number two Republican on the House Budget Committee. But as a member of the House Budget Committee, I am a little bit like the Maytag repairman. We are the loneliest people in town. We have nothing to do, because, Mr. Speaker, there is no budget. The Democrats refuse to bring a budget. For the first time in the history of the House of Representatives there will be no budget, because the Democrats want no limit on what they can spend, no speed bump on the way to national bankruptcy. Today is no different. They spend even more money on a so-called extenders bill. But according to the Congressional Budget Office, the only thing that gets extended is the deficit; $25 billion of deficit extension in the first year, $54 billion of deficit extension over the next 10. Mr. Speaker, how much longer can we borrow 43 cents on the dollar from the Chinese and send the bill to our children and our grandchildren? My colleagues on the other side of the aisle say, Well, this bill is under PAYGO. We are going to save money. Well, if PAYGO works, why has the deficit increased tenfold under their watch? PAYGO remains a cruel hoax. Let me mention three loopholes in this bill. Well, $39.5 billion of spending is designated as an emergency. That falls outside of PAYGO. $21.9 billion of Medicare spending, the so-called doc fix, comes under something called directed scoring. It magically has no cost.
