[Congressional Record (Bound Edition), Volume 152 (2006), Part 1]
[House]
[Page 1049]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1415
                        FISCAL YEAR 2007 BUDGET

  (Mr. MORAN of Virginia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. MORAN of Virginia. Mr. Speaker, the budget the President unveiled 
this week takes from the poor, gives to the rich, and leaves all of us 
in a worse fiscal mess.
  At a time of war, when our soldiers are risking their lives halfway 
across the world, where is the call for shared sacrifice? Do 
millionaires deserve $50 billion in tax cuts, paid for by reducing 
services for the lowest-income families? Can we afford to extend tax 
breaks for the wealthiest 1 percent when our fiscal obligations include 
spending over $1 billion a week in Iraq, the rebuilding of the gulf 
coast, and protecting the homeland from terrorist threats?
  Instead of responsibly budgeting for these costs, we are in a fiscal 
free-fall, giving breaks to those who need it the least while slapping 
away the hands of those who need help the most.
  This administration is the most fiscally irresponsible in U.S. 
history, responsible for the four largest annual deficits ever. We have 
gone from a projected 10-year surplus of $5.6 trillion in 2001 to a 
projected deficit of $3.3 trillion, a reversal of $9 trillion.
  Mr. Speaker, this budget lacks compassion, is fiscally irresponsible, 
and does not reflect the priorities of this great Nation.

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