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Concurrent Resolution on the Budget for Fiscal Year 2013

Floor Speech

Location: Washington, DC


Mr. MULVANEY. Madam Chairman, I thank my colleague from New Jersey for the opportunity. We can and will, obviously, over the course of this day, say a lot about this budget--a lot of bad things about this budget. I prefer to focus on one positive thing above all others--one thing. This budget actually balances. The budget actually balances. Five years it takes to do that. It's not easy. In fact, it's very, very hard to do that.

It's easier to borrow money. In fact, the reason that we borrow so much money is because it's easier to do that than it is to go home and tell people that we have to make hard decisions in order to balance the budget, and we're afraid that if we go home and tell people that we have to make difficult decisions, that they won't send us back the next term. And make no mistake about it, the most important thing in many people's minds in this Chamber is to make sure they come back next term.

This budget challenges that. This budget balances.

The President's does not. We took it up last night, and it failed overwhelmingly. No one supported it. It never balances. Later today, we'll take up the Democratic budget, which also never balances. Budgets that never balance raise a legitimate moral question, a moral issue. If you borrow money with the intention of paying it back, that is debt. There's no question. If you borrow money intending to pay it back, it's debt. If you borrow money never intending to pay it back, that is theft. That is theft, and that is what the President's budget represents. That is what the Democrat budget represents. That's what so many budgets over the course of the last generations in this town have represented. We have borrowed money with no plan and no intention ever to pay it back. And too many budgets in here today will simply continue that cycle.

It's wrong. It's wrong to do to our children and our grandchildren, and it's wrong to do for ourselves. You should never take something and not even have a plan to pay it back. Say what you want to about the Republican Study Committee budget, say what you want to later on about the Republican budget that Mr. Ryan and the committee are offering, but at least at the very end of the day, they offer some way to pay back the money that we borrowed, and for those reasons alone, they merit our support.


Mr. MULVANEY. I thank my friend from New Jersey, for whom I have a great deal of respect, Madam Chairwoman. And what he says is correct. What he says is absolutely and without reservation correct. What this government did during the first half of this decade was wrong. Borrowing the money as we did was wrong. To continue it, Madam Chairwoman, is just as wrong.


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