[Congressional Record (Bound Edition), Volume 152 (2006), Part 6]
[House]
[Page 8417]
[From the U.S. Government Publishing Office, www.gpo.gov]




                  PROPOSED BUDGET A FISCAL CATASTROPHE

  (Mr. POMEROY asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. POMEROY. Mr. Speaker, the preceding 1 minute could not have been 
more false. Today's budget raises the debt limit again, today's budget 
will add deficits in each of the years of its operation, today's budget 
will bring the national debt to $9.6 trillion, and to hear words on the 
floor of this House about this being a budget of fiscal discipline, 
this being a budget responding to the concerns of taxpayers worried 
about red ink, that is pure unadulterated hooey.
  This budget is a fiscal catastrophe. It raises the debt limit in May, 
just after we raised the debt limit in March.
  Anyone thinking that the Nation's finances have spun completely under 
control under the consolidated power of this administration and this 
Republican Congress needs only to look at this budget and only needs to 
look at the fact that they are back at the bank one more time, raising 
the debt limit, to understand the deep trouble that we are in.

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