[Congressional Record (Bound Edition), Volume 151 (2005), Part 15]
[House]
[Page 20805]
[From the U.S. Government Publishing Office, www.gpo.gov]




                            OPERATION OFFSET

  (Mrs. BLACKBURN asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. BLACKBURN. Madam Speaker, today at 11:30 I will join some of my 
colleagues in a press conference for Operation Offset.
  I want to thank the leadership for the opportunity to participate in 
providing offsets as we look at ways to fund Hurricane Katrina's 
disaster relief program. I want to thank them for leading the way with 
the 2006 budget that this body recently passed. And I want to thank 
them for the opportunity to focus on what I think is the heart and soul 
of our conference, fiscal stewardship.
  As I make my remarks today, my focus is going to be on government 
overpayments, one of which is the earned income tax credit which is 
overpaid by $9 billion annually over a 10-year period. A savings of $90 
billion could be realized here. The GAO, the CBO, and the Inspectors 
General have numerous ideas and suggestions and ways that we can rein 
in government spending. It is time for us to heed our own advice.

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