Video archive of the US Congress

House Proceeding on Feb 4th, 2010 :: 4:49:15 to 4:50:50
Total video length: 5 hours 24 minutes Stream Tools: Stream Overview | Edit Time

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Allyson Y. Schwartz

4:49:13 to 4:49:36( Edit History Discussion )

Allyson Y. Schwartz: we are in a situation of borrow as you go, not pay as you go, madam speaker, and i yield back. the speaker pro tempore gentleman from florida is recognized. mr. boyd: madam speaker, i yield myself 15 seconds. i'd like to remind the gentlelady from wyoming that we did borrow as you go since 2001 and we want to do pay as you go starting now. i'd -- it's my privilege, madam

Allyson Y. Schwartz

4:49:15 to 4:50:50( Edit History Discussion )
Speech By: Allyson Y. Schwartz

Allyson Y. Schwartz

4:49:37 to 4:49:57( Edit History Discussion )

Allyson Y. Schwartz: speaker, to yield one minute to the gentleman from -- the gentlelady from pennsylvania, the vice chair of the budget committee, ms. schwartz. the speaker pro tempore: the gentlelady from pennsylvania is recoized. ms. schwartz: thank you very much. today, the house will take a major step in efforts to balance the federal budget. like american families and businesses, congress must be fiscally responsible and pay for what we spend.

Allyson Y. Schwartz

4:49:58 to 4:50:18( Edit History Discussion )

Allyson Y. Schwartz: our focus this year is two-fold. restoring our economy and reducing the deficit. growing jobs and restoring fiscal discipline is not easy or quick. particularly given the financial situation we inherited. in 2002 republicans allowed

Allyson Y. Schwartz

4:50:19 to 4:50:39( Edit History Discussion )

Allyson Y. Schwartz: pay-go to expire and turned budget surpluses into deficits in 2009 of $1.3 trillion. how did this happen? they grew annual spending by over 8%. they passed the largest expansion in entitlements without paying for them. they started and didn't pay for two wars, and they gave and did not pay for tax cuts to the

Allyson Y. Schwartz

4:50:40 to 4:50:50( Edit History Discussion )

Allyson Y. Schwartz: wealthiest of -- 1% of americans. this added $8 trillion to the national debt. we must agree and we should as democrats and republicans agree to pay for what we spend. it's an important step in

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