Sylvester Turner: “I am proud to join my Blue Dog colleagues tonight to address an issue that we feel very strongly about and that is the…”

“I am proud to join my Blue Dog colleagues tonight to address an issue that we feel very strongly about and that is the ever-increasing Federal debt that we are accumulating by continuing down this path of continual deficit spending. A lot of folks today have heard the President call for tax cuts. The President says tax cuts mean jobs. The Blue Dogs have proposed a tax cut plan that will generate more jobs than the President's plan in the short term, but it is a bill that postpones some of the future tax cuts that are already in the law in order to be sure that our tax cut does not generate a larger Federal debt. Now, why do we believe that is important? Common sense tells us and every household in America knows that when you go along spending more than you take in, sooner or later it is going to catch up with you. Frankly, the Federal Government today is going down a path recklessly abandoning the fiscal discipline that was established just a few short years ago when we had the first balanced budget in 29 years.”