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Republican Budget

Floor Speech

Date: March 18, 2015
Location: Washington, DC
Issues: Government Budget and Spending

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Mr. FOSTER. Mr. Speaker, I rise today to speak out against the latest budget proposal from House Republicans.

When Bill Clinton left office in 2001, our government was running a surplus and on track to pay down our national debt to zero by 2009.

Republicans then took control of the House, Senate, and Presidency, and we saw 8 years of Republican budgets that drove us into debt and wrecked our economy. By the time Democrats regained control in 2009, our economy was in collapse, and the deficit was over $1 trillion a year.

Republicans are now proposing to return to the very same policies that destroyed our economy in the first place: wars and military spending paid for on the backs of the middle class; tax cuts skewed to the wealthy that produce no jobs; and underinvestment in education, research, and infrastructure that are the lifeblood of our Nation's economic growth.

Once again, we are seeing a budget that would increase financial stress on the middle class and the Medicare guarantee and force seniors to pay more for health care and for prescription drugs.

We can and we must do better.

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