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Concurrent Resolution on the Budget for Fiscal Year 2006

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Location: Washington, DC


CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2006 -- (House of Representatives - March 17, 2005)

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Mr. MARIO DIAZ-BALART of Florida. Mr. Chairman, I yield myself such time as I may consume.

Mr. Chairman, I commend the gentleman from North Carolina (Mr. Watt) and his colleagues for bringing forth an alternative budget. We know how difficult it is to put together a budget of this magnitude. As the gentleman said, this is a substitute budget, a true alternative budget to what was passed out of the committee. It highlights the differences between the Democrats' strategy and the Republican budgeting strategy. The Democrats seem to love spending increases and tax increases, and that is exactly what this alternative budget does.

It increases spending compared to the committee budget that is on the floor. It increases spending by $32.5 billion in budget authority and also $18.9 billion increased spending in the year 2006. That is just in 1 year. It also increases spending by $173 billion in budget authority over 5 years and $149 billion in outlays in the next 5 years. It also massively increases taxes by $35.1 billion in fiscal year 2006 alone and $169 billion over the next 5 years as opposed to the budget that was passed by the Committee on the Budget.

Again, these tax increases are above and beyond, on top of enormous spending increases. But that is not the only problem that we have with this budget alternative. It also decreases defense spending. Again, while the Nation is at war, this alternative budget cuts defense spending by $10.7 billion in budget authority and $7 billion in outlays just in fiscal year 2006. Again, during fiscal years 2006 through 2010, this alternative budget would reduce defense spending by $149.5 billion in budget authority and $129 billion in outlays. So we have very clear differences that have been illustrated by these two budgets.

Once again, I commend the gentleman for doing the hard work and putting an alternative budget together that is being discussed right now. Again these two budgets obviously highlight the difference. This budget that they are proposing increases taxes and cuts spending on defense in a time of war.

Mr. Chairman, I yield such time as he may consume to the gentleman from North Carolina (Mr. McHenry), a member of the Committee on the Budget who has done an incredible job and shown incredible leadership on this issue.

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Mr. MARIO DIAZ-BALART of Florida. Mr. Chairman, I yield myself 15 seconds.

There are differences in the two budgets. The budget that we passed out of committee funds our essential services without raising taxes, without cutting defense, without hurting our economy. Unfortunately, this proposed alternative raises taxes and thoroughly cuts defense suspending in a time of war.

Mr. Chairman, I reserve the balance of my time.

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Mr. MARIO DIAZ-BALART of Florida. Mr. Chairman, I yield myself 30 seconds.
Again, what we have not heard from the sponsors of this amendment is part of what is in their amendment. Again, their amendment has massive increases in spending. It also has massive tax increases on the American people. And it also has massive reductions in defense spending in a time of war. Those are huge differences. I just want to make sure that everybody understands what the differences are.

Mr. Chairman, I reserve the balance of my time.

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Mr. MARIO DIAZ-BALART of Florida. Mr. Chairman, I yield myself 1 1/2 minutes.

The gentleman from North Carolina (Mr. McHenry) mentioned the fact that our budget does not increase taxes and the alternative budget that we are discussing today does increase taxes.

Does the gentleman know how many jobs are created because of this Republican Congress cutting taxes in the last year?

Mr. Chairman, I yield to the gentleman from North Carolina.

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Mr. MARIO DIAZ-BALART of Florida. Mr. Chairman, I yield myself 30 seconds.

The House budget resolution addresses CDBGs. As a matter of fact, it adds $1.1 billion aimed specifically at that. The difference between our budget, though, and this proposed amendment is our budget does not raise taxes, does not reduce defense spending in a time of war.

Mr. Chairman, I reserve the balance of my time.

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Mr. MARIO DIAZ-BALART of Florida. Mr. Chairman, I yield myself such time as I may consume.

Mr. Chairman, I want to clarify one thing, and then I will just close. I heard a few minutes ago that our budget, the House resolution does not fund the war against global terrorism. In fact, it does. There is $80 billion for 2004, plus an additional $50 million for 2005.

Again, I want to thank the chairman for bringing up a budget. The problem with that budget again is that it kills job creation with huge tax increases. But if you believe in huge taxes, you should vote for their amendment and not vote against it. It has, again, huge additional spending of the hardearned money of the American taxpayers. It has huge reductions in defense spending in a time of war. And because of all those reasons, Mr. Chairman, by the way, it also assumes that there is no waste in the Federal budget whatsoever because it does not go after one penny, not one little penny of waste in the Federal budget.

And for those reasons, Mr. Chairman, I would respectfully request that we vote down this amendment.

Mr. Chairman, I yield back the remaining part of my time.

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