Sittin' on the Dock of the Bay

Floor Speech

Mr. JORDAN. Mr. Speaker, this week, the President hosted a star-studded concert at the White House for his friends, featuring the music of Otis Redding and others. One of Otis Redding's lines in his ``(Sittin' on) the Dock of the Bay'' sums up my thoughts on the President's budget: ``Looks like nothing's gonna change. Everything remains the same.''

Just like the Senate, the President's budget raises taxes, increases the debt and never, ever, ever balances. The Obama budget has a trillion dollars in new taxes on top of the trillion-dollar ObamaCare tax and the $600 billion ``fiscal cliff'' tax from earlier this year. The Obama budget spends $46 trillion, borrows another $8 trillion, and increases the national debt to $25.4 trillion over the next 10 years. Then, after all those taxes and all that spending, we still have a budget that never, ever, ever balances.

Mr. President, we can't borrow forever. We can't keep spending more than we take in. These problems are staring us right in the face, but the big spenders in Washington are just sittin' on the dock of the bay, wasting time.

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