[Congressional Record (Bound Edition), Volume 158 (2012), Part 2]
[House]
[Pages 1928-1929]
[From the U.S. Government Publishing Office, www.gpo.gov]




          PRESIDENT OBAMA'S PROPOSED BUDGET IS DEBT ON ARRIVAL

  (Mr. BUCHANAN asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)

[[Page 1929]]


  Mr. BUCHANAN. Mr. Speaker, earlier this week, the President released 
his budget for next year. It fails to reduce the national debt by one 
penny. That's why it's already being called ``debt on arrival.''
  Under this budget, for the fourth consecutive year, our Nation's 
deficit will be measured in the trillions of dollars. Let me repeat 
that. For four consecutive years, trillions of dollars in deficit.
  Failure to address our mounting debt crisis puts us on the same 
course as Greece. We need to act, and act now. Repeating the reckless 
spending patterns of the past defies common sense.
  It's time for Washington to make the tough choices necessary to 
balance the budget for taxpayers today and future generations. The 
American people deserve nothing less.

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