[Congressional Record (Bound Edition), Volume 151 (2005), Part 19]
[House]
[Page 26266]
[From the U.S. Government Publishing Office, www.gpo.gov]




                            RETURN TO PAYGO

  (Mr. COOPER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. COOPER. Mr. Speaker, the Blue Dog Coalition, of which I am policy 
co-chair, is going to vote against the budget reconciliation measures 
coming up this week.
  Why? Because after all the sound and fury, these measures will 
increase the Federal budget deficit, and Blue Dogs are for reducing the 
Federal budget deficit.
  Now, what can be done in a positive manner to address the problem? 
Don't take our word for it, listen to the chairman of the Federal 
Reserve Board, Alan Greenspan, who has repeatedly advocated that we 
return to the PAYGO rules, pay as you go.
  If you want to increase spending on a program, find the money to pay 
for it, the way every household in America has to do. If you want to 
cut taxes, find the money to pay for it.
  America lived under this rule from 1990 to 2002. It worked well. We 
need to return to PAYGO principles.

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