SPENDING CONTROL ACT OF 2004 -- (Extensions of Remarks - July 07, 2004)
HON. MARSHA BLACKBURN
IN THE HOUSE OF REPRESENTATIVES
THURSDAY, JUNE 24, 2004
The House in Committee of the Whole House on the State of the Union had under consideration the bill (H.R. 4663) to amend part C of the Balanced Budget and Emergency Deficit Control Act of 1985 to establish discretionary spending limits and a pay-as-you-go requirement for mandatory spending:
Mrs. BLACKBURN. Mr. Chairman, I rise today to support the RSC budget amendment. It is a responsible amendment, and necessary in a time of war budgeting-and I would suggest, it should even be applied in times of peace.
Congress can act to reduce spending. Public support is there-I hear it from constituents all the time. People have priorities-the war on terror, economic growth through tax relief, and Less Government. They don't want millions more spent on wasteful programs that benefit narrow special interests.
We passed record tax relief and it has helped fuel growth and to create jobs. Now we can put in motion a plan to bring down federal spending-This is the next step in the Republican economic plan for America.
This amendment reverses the cycle of higher spending and higher taxes; it balances the budget within 5 years through spending caps and real deficit reduction.