[Congressional Record (Bound Edition), Volume 153 (2007), Part 5]
[House]
[Pages 6716-6717]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1215
                 BALANCING BUDGET WITHOUT RAISING TAXES

  (Mr. WILSON of Ohio asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of Ohio. Madam Speaker, this is the first year that the 
Democrats have controlled Congress in a long time, and we are dedicated 
to bringing a budget to the floor next week that balances the budget 
within the next 5 years without any new taxes.
  Earlier this year, the President made the same pledge. Unfortunately, 
earlier this month the nonpartisan Congressional Budget Office released 
its analysis of the President's budget and says that it falls short by 
2012. Since taking office, this has been a difficult proposed budget.

[[Page 6717]]

  Not only does the President's budget remain in the red for the next 5 
years, but he also proposes raising taxes on some of the middle-class 
families. The President's health care proposal would result in a tax 
increase of $500 billion over 10 years by increasing taxes on middle-
class families who are fortunate to have employer-provided health 
insurance.
  Madam Speaker, Democrats propose a budget that is balanced by 2012, 
and a budget that is balanced without raising taxes.

                          ____________________