OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Operation Offset

Date: Sept. 21, 2005
Location: Washington, DC
Issues: National Security Taxes


OPERATION OFFSET -- (House of Representatives - September 21, 2005)

(Mrs. BLACKBURN asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)

Mrs. BLACKBURN. Madam Speaker, today at 11:30 I will join some of my colleagues in a press conference for Operation Offset.

I want to thank the leadership for the opportunity to participate in providing offsets as we look at ways to fund Hurricane Katrina's disaster relief program. I want to thank them for leading the way with the 2006 budget that this body recently passed. And I want to thank them for the opportunity to focus on what I think is the heart and soul of our conference, fiscal stewardship.

As I make my remarks today, my focus is going to be on government overpayments, one of which is the earned income tax credit which is overpaid by $9 billion annually over a 10-year period. A savings of $90 billion could be realized here. The GAO, the CBO, and the Inspectors General have numerous ideas and suggestions and ways that we can rein in government spending. It is time for us to heed our own advice.

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