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Video archive of the US Congress

House Proceeding on Feb 3rd, 2010 :: 0:23:15 to 0:24:30
Total video length: 1 hours 47 minutes Stream Tools: Stream Overview | Edit Time

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Phil Gingrey

0:23:12 to 0:23:33( Edit History Discussion )

Phil Gingrey: so our current deficit challenge doesn't become burden of future generations. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from georgia rise? >> to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute to address the house. the gentleman from georgia. mr. gingrey: mr. speaker, on monday president obama submitted his fiscal year 2011 budget to congress with the

Phil Gingrey

0:23:15 to 0:24:30( Edit History Discussion )
Speech By: Phil Gingrey

Phil Gingrey

0:23:34 to 0:23:54( Edit History Discussion )

Phil Gingrey: claim that he was planning on restoring fiscal discipline to washington. however once you look beyond the rhetoric, it's clear that the budget the president's delivered to congress does not deliver on its promis. mr. speaker, the president's budget request totally -- has aproximately $3.8 trillion in federal spending as 25% of our g.d.p., an increases our

Phil Gingrey

0:23:55 to 0:24:15( Edit History Discussion )

Phil Gingrey: deficit to $1.6 trillion for the current fiscal year, 2010. in order to pay for this record level of spending, the budget request increases taxes by approximately $2 trillion, $2 trillion over a 10-year period. the so-called spending freeze? that only applies to 13% of actual spending. with 10% of our work force

Phil Gingrey

0:24:16 to 0:24:30( Edit History Discussion )

Phil Gingrey: unemployed an over 15 million americans out of work, there are families across this country that are making sacrifices by cutting their expenses. mr. speaker, we need a budget that recognizes -- we cannot spend, tax, and borrow our way into prosperity. that's never worked.

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