[Congressional Record (Bound Edition), Volume 161 (2015), Part 2]
[House]
[Page 1690]
[From the U.S. Government Publishing Office, www.gpo.gov]




           PRESIDENT OBAMA'S FISCAL YEAR 2016 BUDGET PROPOSAL

  (Mr. THOMPSON of Pennsylvania asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. THOMPSON of Pennsylvania. Mr. Speaker, while I am very proud to 
represent Punxsutawney, Pennsylvania, we woke up on Groundhog Day to a 
budget proposal that feels like the infinite loop--loaded with the same 
tax-and-spend policies that have not worked for the President or for 
the American people.
  The President's budget proposal is a hard left U-turn that attempts 
to undo the three consecutive years of more responsible, less 
discretionary spending. While Congress only has the power of the purse, 
this budget altogether ignores our staggering national debt, which is 
more than $18.1 trillion.
  Despite $2.1 trillion in proposed tax increases, President Obama's 
budget never balances--ever. Since 2009, $7.5 trillion has been added 
to the national debt, and expenditures amount to more than $21.1 
trillion. The President's budget request recommends adding a staggering 
additional $8.5 trillion to the debt.
  Mr. Speaker, we need smart budgeting to fund our priorities without 
doing harm to families, small businesses, and future generations. The 
American people deserve no less.

                          ____________________