[Congressional Record (Bound Edition), Volume 162 (2016), Part 2]
[House]
[Page 1737]
[From the U.S. Government Publishing Office, www.gpo.gov]




            THE PRESIDENT'S BUDGET IGNORES FISCAL REALITIES

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Madam Speaker, on Tuesday, President Obama released his 
budget for fiscal year 2017. Some might call this proposal a vision for 
the future of the country. Well, I am here to tell you the President's 
vision for America ignores our fiscal realities and the magnitude of 
the problems we face.
  The national debt is nearly $19 trillion. Our country is in the 
middle of a fiscal crisis driven by reckless borrowing and runaway 
government spending, and President Obama once again offers us a budget 
filled with untenable tax hikes that never balances.
  Something has to change or the legacy we leave to our children and 
grandchildren will be a crushing debt burden and a weaker nation.
  Washington has a moral obligation to the American people to present a 
responsible budget that reins in wasteful Federal overspending and 
guarantees accountability for the use of taxpayer dollars. House 
Republicans will continue to do all we can to make this vision a 
reality.

                          ____________________