over the last 6 years, under one party control we had the largest and fastest accumulation of national debt in our Nation's history. The national debt skyrocketed to $8.8 trillion. Today we have a budget that changes the failed policies of the past and is, instead, a new direction to get the U.S. government back in the black with surpluses like those the country enjoyed at the beginning of this decade. At the start of the 110th Congress, our party promised that when we took over as the majority party we would get the fiscal books back in order. This budget fulfills that promise by bringing the budget back to surplus by 2012. It gets us there by strictly adhering to the pay-as-you-go rules that was implemented at the beginning of this year. Additionally, this budget contains tough program integrity measures to crack down on wasteful spending, and it directs all committees to review their programs to promote efficiency and eliminate unnecessary spending. This budget stands in stark contrast to the President's budget on many fronts. As I previously stated, this budget reaches balance in 2012 and starts paying down our debt. The President's budget does neither. Budgets are all about priorities. This budget makes it clear that the priorities of this Congress are the priorities of the American people. Our budget provides for our national security, our veterans, our children, and working families across America.
Ron Kind: “over the last 6 years, under one party control we had the largest and fastest accumulation of national debt in our…”
Editor's note · Context
Discussing the budget and fiscal policy during a speech in the House of Representatives.
Share
More from Ron Kind
This has been a great bipartisan effort in committee. Again, I thank the chairman and the ranking member for creating the environment not just with today's legislation, but the previous SECURE Act that we passed roughly 2 years ago, and…
I think we are all in agreement that they are stealing our intellectual property, they are requiring technology transfers, they are requiring joint ventures that place our companies in a minority position, they are dumping steel below…
I was unable to have my votes recorded on the House floor on Thursday, September 26 and Friday, September 27, 2019 due to a family matter. Had I been present, I would have voted in favor of H.R. 3525, H.R. 3722, and S.J. Res. 54…
I am not convinced that China, when they are mis-practicing trade and not abiding by the rules, is only doing that to discriminate against U.S. interests or U.S. companies.





