Louie Gohmert: “Thank you, Mr. Speaker. We're in a time of massive overspending, a time when some want to raise taxes, creating more of…”

“Thank you, Mr. Speaker. We're in a time of massive overspending, a time when some want to raise taxes, creating more of an economic problem. But it's been shocking that after the biggest wave election since the 1930s, 80-plus brand-new Republican conservative Members coming into this House, it's been nearly a year, and we really haven't cut much of anything. There's plenty of places to do it. It should be done. It can be done. We ought to just say we're going back to the last Speaker Pelosi budget before the big bailouts and stimulus all started occurring. I don't remember governmental entities around the country, Federal Government entities, in 2007 and 2008 with Speaker Pelosi at the helm of things, complaining that they weren't getting enough Federal money. Yet, if we went back there and just said, you know what, forget the stimuluses and the bailouts, obviously those haven't worked. Let's just go back to the '07 or '08 budget. They didn't pass a budget; they passed appropriations--but let's go back to those numbers. Instantly, a trillion dollars trimmed off. What we've had is a President of the United States coming into office jumping up the Federal spending by a trillion to a trillion and a half dollars and then saying we're not cutting any of that extra trillion dollars we've added on. We just need now to raise taxes to get up to all of this giveaway spending that we've done.…”