[Congressional Record Volume 159, Number 28 (Wednesday, February 27, 2013)]
[House]
[Page H686]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SEQUESTRATION
(Mr. WOODALL asked and was given permission to address the House for
1 minute.)
Mr. WOODALL. Mr. Speaker, as a freshman here on the House floor just
2 years ago, it does my heart good to see my freshman colleagues coming
down from the other side of the aisle, because I came down with that
same vision 2 years ago to work together to address the big issues that
are out there.
I serve on the Budget Committee, Mr. Speaker, and for fiscal year
2013, we're going to post a $1 trillion annual deficit. This sequester
that every Member is rightly concerned about is $85 billion, less than
one-tenth the magnitude of the decisions we really need to make to get
America back on fiscal track.
Is the sequester anybody's idea of the right way to do it? I don't
believe that it is.
Is everyone's idea of the right way to do it to deal with that part
of the budget that we don't do in discretionary spending? The big two-
thirds, that mandatory spending that we have to come together on to
deal with? And the answer is absolutely, yes.
I stand ready to work with my freshman colleagues on both sides of
the aisle to do those big things that need to be done. But Mr. Speaker,
we have raised taxes already in 2013. The CBO reports that an
additional $1 trillion will come into the Treasury over the next 10
years.
What we need is not more taxes. What we need are responsible spending
cuts, Mr. Speaker.
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