[Congressional Record (Bound Edition), Volume 157 (2011), Part 4]
[House]
[Page 5781]
[From the U.S. Government Publishing Office, www.gpo.gov]




                               THE BUDGET

  (Mr. KINGSTON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KINGSTON. Mr. Speaker, the spending debate in Washington boils 
down to a couple of fundamentals: We spend 23 percent of our GDP; that 
is the level of spending of Congress. The revenues to GDP are only 18 
percent. So you have a 5 percent difference in what your revenues are 
and what your spending is. Years of doing this means that, right now, 
for every dollar we spend, 40 cents is borrowed. You can't continue to 
defy gravity.
  This week, we will consider the Ryan budget. It has tax reform; it 
has spending reform; it has regulatory reform--all things that are very 
good. I'm glad to see that the President will be reintroducing another 
budget this week, because I think it's very important that if you do 
not like the Republican Ryan budget, that's fine, but put your budget 
on the table because surely the Democrat Party has some ideas.
  So far all we've heard from the Democrats is criticism. That's not 
good enough in times like these. We've got to come together as a 
country to do what's best not for the next election but for the next 
generation and, indeed, for our future.

                          ____________________