Time to Reduce Spending to the 2008 Levels

Floor Speech

Mr. WILSON of South Carolina. Mr. Speaker, this week the House will consider House Resolution 38, which promotes a reduction of current spending to the 2008 levels or less for the remainder of the fiscal year. This legislation seeks to cure the illness in Washington known as runaway spending.

For the past 4 years, liberals in Washington have been on a spending spree that has not only resulted in a loss of jobs, but also historic deficits. This job-destroying agenda is not sound policy for Americans today, and it burdens future generations of Americans with crushing debt.

Last week the House took steps to repeal and replace the job-killing government takeover of health care. The NFIB, the National Federation of Independent Business, the largest organization in the United States of small businesses, reports that that will put 1.6 million jobs at risk. Now we must focus our attention on limiting spending levels.

Currently, our national deficit stands at $14 trillion. Saddling future generations with today's debt is not the solution. The time has come to implement spending reforms to ensure we cut spending. The American people in November spoke clearly for fiscal responsibility. The tea party has made a difference--taxed enough already.

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