[Congressional Record Volume 155, Number 110 (Tuesday, July 21, 2009)]
[House]
[Page H8418]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     IN SUPPORT OF STATUTORY PAYGO

  (Mr. WILSON of Ohio asked and was given permission to address the 
House for 1 minute.)
  Mr. WILSON of Ohio. I rise today in strong support of statutory pay-
as-you-go legislation, which will be taken up this week by the House. 
This bill demonstrates our commitment to fiscal responsibility and will 
restore the policy that led us from deficit spending to debt to 
surpluses.
  We have to reduce our deficit spending. If we don't, we will not be 
able to invest in vitally important priorities like health care, 
education, and clean energy.
  PAYGO is very simple: All the policies that cut taxes or reduce 
revenues must be paid for or offset over 5 and 10 years. All policies 
that expand entitlement spending must be paid for over 5 and 10 years. 
Discretionary spending is not subject to PAYGO, and exceptions could be 
made for emergencies.
  This makes common sense and families live by it every day. If you 
spend more in one area of the family budget, you have got to cut back 
in other areas. It's about time that our government start living by the 
same rule.

                          ____________________