[Congressional Record (Bound Edition), Volume 161 (2015), Part 1]
[House]
[Page 1342]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   FEDERAL SPENDING AND THE SAVE ACT

  (Mr. ASHFORD asked and was given permission to address the House for 
1 minute.)
  Mr. ASHFORD. Mr. Speaker, I rise today to speak about Federal 
spending.
  In my home State of Nebraska, we are mandated by the State 
constitution to balance the budget. This is something that we are 
sorely in need of here in Washington.
  The Congressional Budget Office just released a report that indicated 
that deficits are projected to balloon over the next several years, 
topping $1 trillion by 2025. The national debt will grow to over $21 
trillion by the same year.
  Mr. Speaker, we all know these are unsustainable trends. That is why 
I am very proud to be a cosponsor of the Savings Accountability Value 
and Efficiency Act, or SAVE Act. This bill, introduced by my good 
friend and colleague Congressman Patrick Murphy, would save the Federal 
Government nearly $480 billion over the next 10 years.
  I applaud my colleague for his efforts in working to put our country 
on a more sustainable fiscal path. I hope that we can come together in 
a bipartisanship manner towards that end.

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