Uploaded by JudyBiggert on Mar 10, 2009
On March 9th, Mrs. Biggert managed a special order, one hour of speeches by Republican Congresswomen discussing the president's budget.
"With TARP money of $700 billion, a housing bill that was $300 billion, with the recent passage of the $825 stimulus package, and with the Federal Reserve putting so much money into some areas, and a pending $410 billion appropriation bill, I have to say that my constituents are upset. They are upset because the spending appears to be recklessly out of control, with no accountability or direction. And, unfortunately, with the recent release of the administration's budget for fiscal year 2010,
we continue down this heavy spending path. And while we only know the basics of the budget proposal, it certainly has been a mixed bag.
So tonight we are here, and we want to address the concerns in the budget. There are the good, the bad, and what we call the ugly. I have a little chart here that addresses the President's 2010 budget. As I said, we have got the good, the bad, and the ugly.
We acknowledge that there is an entitlement crisis, that there is a budget fix for the AMT. We are looking at the Medicaid part D. With the bad, there is an increase in spending of $3.9 trillion in 2009. It increases nondefense appropriations by 9.3 percent. The war funding is a gimmick. The ugly, a $1.4 trillion tax increase in a recession, $1 trillion entitlement expansion, in the 2009 deficit, $1.8 trillion. And we double the debt.
These are the things that we are going to be discussing tonight, and I am glad to have my colleagues here to participate. I would like to call on the gentlelady from Tennessee for her comments right now, Marsha Blackburn."
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