Video archive of the US Congress

House Proceeding 07-22-09 on Jul 22nd, 2009 :: 0:54:55 to 0:56:35
Total video length: 2 hours 39 minutes Stream Tools: Stream Overview | Edit Time

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Allyson Y. Schwartz

0:54:52 to 0:55:13( Edit History Discussion )

Allyson Y. Schwartz: gentle the gentleman from south carolina. mr. spratt: i yield two minutes to the the gentlewoman from pennsylvania, mrs. schwarz. mr. schwarz: i rise in support of the statutory pay-go act that we are going to pass today. pay-as-you-go or pay-go rules, as we talk about them are fairly straightforward.

Allyson Y. Schwartz

0:54:55 to 0:56:35( Edit History Discussion )
Speech By: Allyson Y. Schwartz

Allyson Y. Schwartz

0:55:14 to 0:55:34( Edit History Discussion )

Allyson Y. Schwartz: congress should pay for any new spending. there is strong bipartisan history for support for pago. as a result of statutory pay-go, thisountry saw record deficits transformed into record surpluses. sadly when those statutory pay-go provisions expired in 2002, the former administration

Allyson Y. Schwartz

0:55:35 to 0:55:55( Edit History Discussion )

Allyson Y. Schwartz: with support from the republican-controlled congress ignored e common sense of paying for new spending and turned our surpluses into mounting national debt, doubling the debt in eight years. but democrats are serious about fiscal responsibility. in 2007, the democratically-controlled house set pay-go rules making a

Allyson Y. Schwartz

0:55:56 to 0:56:16( Edit History Discussion )

Allyson Y. Schwartz: commitment again, any new spending would be budget neutral. and this year we reafffirmed our commitment to these rules and determined to meet the president's goal of cutting the annual deficit in half in four years. and now, with the support of the current administration, we are reinforcing our commitment to fiscal responsibility by giving

Allyson Y. Schwartz

0:56:17 to 0:56:35( Edit History Discussion )

Allyson Y. Schwartz: pay-go the force of law. as vice president of the house budget committee, i know how important it is to make wise targeted investments for our future and energy independence, health care and economic growth, but we must do so in a deficit neutral way. we must ensure that any new

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