[Congressional Record Volume 156, Number 7 (Thursday, January 21, 2010)]
[House]
[Pages H271-H272]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1030
PRESIDENT'S DEFICIT-CUTTING COMMISSION
(Mr. PENCE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PENCE. If you are concerned about runaway Federal spending and a
rising national debt, you won't find a lot of comfort in today's
headlines.
After passing a government takeover of health care costing over $1
trillion
[[Page H272]]
and a budget that will triple the national debt in the next 10 years,
Democrat leaders are now talking about actually bringing legislation
that will raise our debt limit by $1.9 trillion. But we are told by the
same Democratic leadership that they are going to get serious in 2010
about fiscal discipline.
I guess, along those lines, President Obama is expected to announce a
bipartisan commission that will look for ways to reduce deficits in the
future. Sounds like an appealing idea, but the devil is always in the
details in Washington, D.C.
The President's commission on close examination actually looks like a
guard dog with no bite. It looks like fiscal discipline, but it could
be easily ignored by Congress.
Remarkably, the President's proposal, as I have heard about it, is
prohibited from recommending cuts in any discretionary spending. That
will be about $1.4 trillion. And the bridge to nowhere, that is
completely off-limits. And, as many of us know, with the partisan bias
and the structure of it, as reported, it is likely this commission will
just be an excuse to raise taxes.
The American people don't want more government, more taxes, and more
political posturing about spending. They want this Congress to show the
character and the strength to make the hard choices to put our fiscal
house in order.
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