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The President's Budget Ignores Fiscal Realities

Floor Speech

Date: Feb. 11, 2016
Location: Washington, DC
Issues: Government Budget and Spending

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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.

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