[Congressional Record (Bound Edition), Volume 153 (2007), Part 5]
[House]
[Pages 7061-7062]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         THE DEMOCRATIC BUDGET

  (Mr. ALTMIRE asked and was given permission to address the House for 
1 minute.)

[[Page 7062]]


  Mr. ALTMIRE. Madam Speaker, Democrats this week complete committee 
work on a 2008 budget that finally moves us away from the fiscal 
irresponsibility, reckless spending and record deficits of the past 6 
years. When President Bush first came into office, America had just had 
4 consecutive years of budget surplus, forecast to continue as far as 
the eye can see. Now, 6 years later, Republicans have turned a 
projected $5.5 trillion surplus into a $3 trillion deficit. They 
borrowed more money from foreign nations in the past 6 years than we 
had in the past 212 years combined.
  Fortunately, Democrats have a new set of priorities, one that moves 
America towards a balanced budget for the first time in 6 years.

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