[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.

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