Mr. Chairman, I yield myself such time as I may consume. One of the moral obligations, I think, is not only to the current generation but to the older Americans who have poured their hearts and souls into this contract. They've lived with the assumption that certain things are going to be there. We have to live up to those obligations, but we also have to live up to the obligations that we have for our kids and our grandkids. One of my goals and objectives is to leave this country better than how I found it. One of the things that the House Republican budget does over the course of time is balance the budget and pay off the debt, which is something we have to do. So the fundamental question becomes, How do you do that? Now, I think where we have some common ground is that we want to broaden the base. The Republicans are suggesting that we lower the rates. Let people keep their own money and spend their own money. That is fundamentally what the United States of America is all about. The contrast here in what's being proposed is that they want to broaden the base--again, common ground--but they want to raise the rates, and that's where I think we have a fundamental challenge. We talk about what people have to pay, their fair share and whatnot. Yet let's look historically at what has happened in the United States of America. Historically, we have spent less than 20 percent of our gross domestic product.…
On the recordMarch 28, 2012
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