[Congressional Record (Bound Edition), Volume 158 (2012), Part 4]
[House]
[Page 4485]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   A BALANCED DEFICIT-REDUCING BUDGET

  (Mr. CARNEY asked and was given permission to address the House for 1 
minute.)
  Mr. CARNEY. Mr. Speaker, I rise today in support of a 10-year, $4 
trillion deficit-reduction plan that is both balanced and 
comprehensive. In the Congress today, there is now broad support in 
both parties from both Chambers to reduce the deficit by $4 trillion 
over 10 years. That's the goal set by the President's deficit reduction 
commission.
  Today, we will consider a number of budget proposals for fiscal year 
2013. None of them is perfect, but it is critical that we come together 
behind a reasonable 10-year, $4 trillion framework and start working on 
the details. Time is running out to fix this critical problem.
  I believe the Van Hollen and the Cooper-LaTourette proposals are both 
frameworks that deserve support and consideration. Both of them are 
balanced and fair. They include revenue increases and spending cuts, 
and they don't undermine the fragile economic recovery in the short 
term.
  Progress is difficult, and today's budget votes are only the first 
step. I look forward to working with my colleagues on both sides of the 
aisle on this difficult task.

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