[Congressional Record Volume 162, Number 25 (Thursday, February 11, 2016)]
[House]
[Page H719]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE PRESIDENT'S BUDGET IGNORES FISCAL REALITIES
(Ms. FOXX asked and was given permission to address the House for 1
minute.)
Ms. FOXX. Madam Speaker, on Tuesday, President Obama released his
budget for fiscal year 2017. Some might call this proposal a vision for
the future of the country. Well, I am here to tell you the President's
vision for America ignores our fiscal realities and the magnitude of
the problems we face.
The national debt is nearly $19 trillion. Our country is in the
middle of a fiscal crisis driven by reckless borrowing and runaway
government spending, and President Obama once again offers us a budget
filled with untenable tax hikes that never balances.
Something has to change or the legacy we leave to our children and
grandchildren will be a crushing debt burden and a weaker nation.
Washington has a moral obligation to the American people to present a
responsible budget that reins in wasteful Federal overspending and
guarantees accountability for the use of taxpayer dollars. House
Republicans will continue to do all we can to make this vision a
reality.
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