On the recordJuly 11, 2011
I ask my colleagues to rise with me in support for my amendment, which will save Americans over $500 million. My amendment before us today makes reasonable and targeted spending reductions in order to do what? Achieve significant savings that will contribute to our Nation's fiscal health. Mr. Chairman, we must really now step forward and take bold steps to reduce spending. And I do commend my colleague from the State of New Jersey for the hard work that he has put in, and I appreciate so many of the comments that he has already made on the floor, pointing out to the other side that in so many cases there is money in these accounts, the money hasn't been spent, and they have taken a serious look to try to rein in spending throughout the committee process. For they realize that our Nation is on a path to bankruptcy and we have maxed out our Nation's credit card. So while the committee did an admirable job and made significant cuts in the underlying bill, I stand here myself, and I and the Republican Study Committee believe that we can go further than this. So this amendment is a very reasonable attempt at showing that this body is serious about cutting spending. Mr. Chairman, for too long the Federal Government's energy programs have been sold to the American public as basically wise investments that will yield vast new technologies whose costs would basically pale in comparison to the benefits later on.…





