[Congressional Record (Bound Edition), Volume 156 (2010), Part 2]
[House]
[Page 2863]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              EMPOWERMENT

  (Mr. NEUGEBAUER asked and was given permission to address the House 
for 1 minute.)
  Mr. NEUGEBAUER. Madam Speaker, in today's Wall Street Journal, 
Director of the Congressional Budget Office, Douglas Elmendorf, an 
appointee of Speaker Pelosi, stated, ``The U.S. Federal budget deficit 
is on a trajectory that poses significant economic risks.''
  According to Mr. Elmendorf, ``the U.S. is entering unfamiliar 
territory in its level of public debt.'' In fact, a report by the CBO 
shows that the President's budget drives debt to an alarming 90 percent 
of our economy by 2020, making the U.S. public debt load one of the 
highest.
  The Federal Government must rein in its spending, and it must cut 
costs, just as families and businesses all across the 19th 
Congressional District are doing.
  We have two paths on which to set our compass. We can set our path 
towards empowerment or we can set our path towards entitlement. One 
offers opportunity and hope; the other offers uncertainties.
  America deserves a choice that gets the budget and the economy back 
on a sustainable path.

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