[Congressional Record Volume 152, Number 128 (Tuesday, November 14, 2006)]
[House]
[Pages H8615-H8616]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1115
           DEMOCRATS TO REINSTATE PAY-AS-YOU-GO REQUIREMENTS

  (Ms. LORETTA SANCHEZ of California asked and was given permission to 
address the House for 1 minute and to revise and extend her remarks.)
  Ms. LORETTA SANCHEZ of California. Madam Speaker, for too long in 
this country Republicans have governed without a strong dedication to 
fiscal responsibility and without using the pay-as-you-go method. The 
President and his friends here in Congress

[[Page H8616]]

have squandered the Clinton administration's projected 10-year surplus 
of $5.6 trillion and have put us into a projected deficit of $3.5 
trillion.
  Last Tuesday, the American people told the Republicans that enough is 
enough and demanded a change in the way that Congress does business. 
They voted in a Democratic majority to return our country to a path of 
strong fiscal responsibility and back to the pay-as-you-go system.
  Madam Speaker, the current Republican leadership has incurred more 
foreign debt in these 6 years than the previous 42 Presidents combined 
incurred. When we assume the majority in January, Democrats are 
committed to fiscal responsibility, and we will reinstate pay-as-you-
go, working effectively as we did in the 1990s when President Clinton 
and the Congress balanced the budget.

                          ____________________