BUSH PROPOSALS -- (House of Representatives - September 14, 2004)
(Mr. PALLONE asked and was given permission to address the House for 1 minute.)
Mr. PALLONE. Mr. Speaker, Republicans are at it again. President Bush yesterday attacked Senator Kerry's budget plan; yet President Bush has presided over the biggest budget deficit in our Nation's history.
Now it appears all the domestic proposals President Bush listed off during his convention acceptance speech will cost $3 trillion over 10 years. That is at least $1 trillion more than the initiatives that Senator Kerry has proposed.
And despite this huge price tag, President Bush continues to deceive the American people by telling them that this can all be done without raising taxes on one single American. Over the past 4 years, we have gone from record surpluses to record deficits. It is because we have a man in the White House and leaders here in Congress who simply cannot balance a checkbook.
It is time for the President to level with the American people. He simply cannot afford all these new proposals without either raising taxes or increasing the deficit even more.