[Congressional Record (Bound Edition), Volume 155 (2009), Part 23]
[House]
[Page 31842]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          TOO MANY PRIORITIES

  (Mrs. SCHMIDT asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Mrs. SCHMIDT. Mr. Speaker, if we don't heed Moody's warning, our 
Nation's AAA credit rating is likely to be downgraded due to 
unsustainable deficits by 2013. And what does this President and this 
majority do to answer this serious issue? Spend more money we don't 
have at record levels.
  The President and the majority party have no interest in reining in 
the budget deficit. Just this weekend, top White House advisers said 
that tackling the deficit was not a priority. This administration has a 
lot of priorities. A frequent criticism has been that it has too many 
priorities. Apparently everything is a priority except for deficit 
reduction. I guess this shouldn't be a surprise coming from an 
administration that, in its first year in office, tripled the budget 
deficit to an all-time record high of $1.4 trillion.
  The President just graded his job performance on the Oprah show as a 
B-plus. I can only imagine, and with fear, the kind of deficit the 
President would have run-up if he had given himself an A.

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