[Congressional Record Volume 152, Number 76 (Wednesday, June 14, 2006)]
[House]
[Page H3914]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           THE BUDGET DEFICIT

  (Mr. SCOTT of Virginia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. SCOTT of Virginia. Mr. Speaker, I brought this chart along to 
explain to people what we mean by fiscal responsibility. When Democrats 
talk fiscal responsibility, we are talking about taking a deficit and 
turning it into a surplus. Republicans mean take the surplus and create 
a big deficit.
  The 10-year budget, after the Republicans took over, changed a $5.5 
trillion surplus to a $5.5 trillion deficit, a swing of $9 trillion. 
Before you start talking about the war, remember the $300 billion we 
spent on the war is $.3 trillion. We have had a $9 trillion 
deterioration. We can do better.
  The Democratic Caucus has a better budget. The Congressional Black 
Caucus has a better budget. The Congressional Black Caucus budget, 
while the Republican budget is $163 billion in the hole, our budget is 
balanced.
  We did it without increasing taxes on anyone making less than 
$200,000, and we spent $160 billion more on veterans benefits, 
education, health care and other priorities. We can obviously do 
better, and we must do better, because if we don't control the budget 
today, there will be no Social Security or Medicare in the future.

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