Statements about Federal Budget
Says IBM leader told Obama that using IBM technology to cut fraud could "pay for" health care reform.
Says he did not support the October 2008 legislation to rescue Wall Street firms.
Says Ron Paul insisted FEMA should be shut down.
Says the national debt and President Barack Obama's "refusal to control spending led to our nation's credit rating being downgraded for the first time in history."
"Social Security doesn’t contribute a penny to the deficit."
"This past (legislative) session, we passed out of the Legislature a resolution requiring Congress to pass a balanced-budget amendment to the (U.S.) Constitution."
Says recent polls show Americans agree with Republicans that the federal debt ceiling should not be raised and the debt and deficit should be dealt with mostly by cutting spending.
Says Texas routinely gets "a lot more federal spending" than it pays in taxes.
"I stopped requesting earmarks in 2008."
"All but one of the 50 states already have some form of a balanced budget amendment in their state constitutions."
Says that in his first 17 months as president, the United States doubled its world-leading $500 million a year commitment to fighting global AIDS.
On an earmark moratorium.
"The (federal) debt is growing by more than $4 billion a day."
"Donna Campbell has called for ending all federal funding for education"
Rick Perry is "taking money away from hurricane victims" and diverting it to "remodel the Governor's Mansion."
"Today almost half our debt is owned by foreigners."
"Sen. McConnell offered a fully paid two-month extension of unemployment insurance."
"The Health Care and Education Reconciliation Act is the largest-ever investment in higher education."
"Washington cannot hide from the fact that Congress hiked the national debt ceiling to $14.3 trillion. They cannot hide from the fact . . . that the budget that they’re going forward with has more than a $5 trillion in debt in it over the next five years."
Says Gov. Rick Perry was for Wall Street bailout before he was against it.
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