Concurrent Resolution On the Budget for Fiscal Year 2010

Floor Speech

CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2010 -- (House of Representatives - April 02, 2009)

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Mr. MOORE of Kansas. Thank you.

After years of irresponsible fiscal and economic policies, we're faced with a financial crisis that's affecting the lives of Americans all across our country. This administration in Congress and our Nation inherited from the previous administration a $5.8 trillion national debt which increased that much over the last 8 years. We're now in the worst recession since the Great Depression.

But Congress and the administration are working to develop a realistic plan to put our country back on a fiscally responsible path while making targeted investments and health care and energy research that will reduce future costs and lay the foundation for future economic growth. This budget is not perfect, but it does take several steps, in my mind, that are critical for us to return to the sustainable fiscal path.

The budget resolution for the first time makes a good-faith effort to provide us with a true accounting of our Nation's fiscal position and accounts for items that have been left out of the budget for years.

Second, the budget goes further than the President's budget in cutting the deficit by two-thirds over the next 4 years. These deficits are still too high, and there is no question that difficult choices need to be made. But we're back on a sustainable fiscal recovery.

And third, this budget gives us the best opportunity for reinstituting statutory PAYGO. This budget resolution makes sensible investments in several areas that are key to the long-term health of our Nation, including education, renewable energy technologies, and health care reform.

I thank Chairman Spratt for his work on this budget resolution. I urge my colleagues to support it.

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