Blake Moore: “Mr. Speaker, we talk so much in this institution about values; and, specifically, we talk about family values. Fiscal…”

“Mr. Speaker, we talk so much in this institution about values; and, specifically, we talk about family values. Fiscal responsibility is a family value. It is a family value we should teach our children; it is a family value we should practice ourselves here in Congress as we do in our homes around the country. When we stand up here, and I am here in support of the gentleman from Indiana's motion to instruct on H.R. 1308, what this would do is extend tax cuts, extend tax cuts, not raise taxes; so the debate tonight is partially mischaracterizing what this is all about. All we are saying, Mr. Speaker, is that when we extend these tax cuts, we want to employ what Chairman Greenspan recommended the House reinstitute and that is budget rules that say pay for these, find some way to offset these or pay for these tax cuts. That is all we want to do. We want to extend tax cuts, not raise taxes; but we want to do it in a fiscally responsible manner. As my colleagues know, we have a $7.3 trillion debt, the highest in our Nation's history; we have a $422 billion deficit, the highest in our Nation's history. We are paying almost $1 billion a day in what I call the debt tax, which is the interest on our national debt. It is money that could be used for more tax cuts if we were not paying interest on this huge national debt. We have got to get back to fiscal responsibility. We have to get back to fiscal sanity.”