Spending is Out of Control

Date: June 15, 2010
Location: Washington, DC

Mrs. SCHMIDT. Mr. Speaker, spending is out of control. In April, the U.S. Government ran a record monthly deficit of $82.7 billion. That's almost $83 billion in just one month.

Unfortunately, the Democratic majority has done nothing to reduce spending. Overall, spending has only gone up since they've been in power. Perhaps the most outrageous thing is that the majority is not even trying to pass a budget, which would give us a framework to rein in runaway spending.

Budgeting is the most basic duty of government. Yet here we are 2 months beyond the deadline to produce a Federal budget, and it doesn't appear this House will produce one. This will be the first time since 1974 we haven't produced a budget. Failing to consider a budget doesn't make the problems go away. It simply provides more proof that the current leadership in Congress has no plans for dealing with the debt and deficits that continue to rise.

We cannot keep laying the current financial burdens on our children and our grandchildren. They can't afford it, and we can't afford it. Let's pass a budget. Reduce spending, rein in, and get ourselves back in control.


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