[Congressional Record Volume 152, Number 63 (Friday, May 19, 2006)]
[Extensions of Remarks]
[Page E889]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




        CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2007

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                               speech of

                           HON. WALLY HERGER

                             of california

                    in the house of representatives

                        Wednesday, May 17, 2006

       The House in Committee of the Whole House on the State of 
     the Union had under consideration of the concurrent 
     resolution (H. Con. Res. 376) establishing the congressional 
     budget for the United States Government for fiscal year 2007 
     and setting forth appropriate budgetary levels for fiscal 
     years 2008 through 2011:

  Mr. HERGER. Mr. Chairman, it's time for Congress to start making 
tough choices. Projected growth in mandatory spending threatens to 
crowd out all other spending and choke our economy unless we act now. 
Over the next 75 years, Medicare's unfunded liabilities amount to a 
staggering $30 trillion--more than 5 times as much as Social 
Security's. We're on a fiscal path that we simply cannot sustain, 
presenting our children and grandchildren with a legacy of enormous 
debt or stifling tax increases.
  There are difficult decisions that have to be made, but we must be 
responsible, tighten our belts, and live within our means. I applaud 
the RSC for its work on this budget alternative, and urge its passage.

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