[Congressional Record (Bound Edition), Volume 152 (2006), Part 17] [House] [Pages 21922-21923] [From the U.S. Government Publishing Office, www.gpo.gov]{time} 1115 DEMOCRATS TO REINSTATE PAY-AS-YOU-GO REQUIREMENTS (Ms. LORETTA SANCHEZ of California asked and was given permission to address the House for 1 minute and to revise and extend her remarks.) Ms. LORETTA SANCHEZ of California. Madam Speaker, for too long in this country Republicans have governed without a strong dedication to fiscal responsibility and without using the pay-as-you-go method. The President and his friends here in Congress have squandered the Clinton administration's projected 10-year surplus of $5.6 trillion and have put us into a projected deficit of $3.5 trillion. Last Tuesday, the American people told the Republicans that enough is enough and demanded a change in the way that Congress does business. They voted in a Democratic majority to return our country to a path of strong fiscal responsibility and back to the pay-as-you-go system. Madam Speaker, the current Republican leadership has incurred more foreign debt in these 6 years than the previous 42 Presidents combined incurred. [[Page 21923]] When we assume the majority in January, Democrats are committed to fiscal responsibility, and we will reinstate pay-as-you-go, working effectively as we did in the 1990s when President Clinton and the Congress balanced the budget. ____________________