MRS. ROBY: And I quote, "Leadership means that the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.'' Senator Barack Obama, March 16, 2006.
Mr. Speaker, cutting spending is critical to creating jobs. Without bold action, our budget situation will get worse, not better. House Republicans are the only group in Washington showing leadership on this issue. We have voted repeatedly to cut spending. And we have passed a budget that would reduce spending by $6.2 trillion over 10 years. By contrast, it's been more than 750 days since Senate Democrats passed a budget.
Last week, Senator Reid said, "There's no need to have a Democratic budget in my opinion. It would be foolish for us to do a budget at this stage.'' By law, the Senate is required under the Congressional Budget Act to pass a budget.
Now the White House is asking us to raise the debt limit. Secretary Geithner wrote, "Never in our history has Congress failed to raise the debt limit when necessary.'' But what good is a debt limit that is always increased? The truth is that Democrats spent this money. They made this mess. And now they should help us clean it up. If the White House wants us to consider raising the debt limit, they should be at the table proposing significant reforms that yield trillions, not billions, in savings to the American people. So far, that has not happened.