Statements about Federal Budget
(Rep. Bob Goodlatte's) balanced budget amendment does not require a balanced budget.
"Harry Reid’s plan is basically giving the president a blank check."
"If you look at our tax mix, the share of corporate revenues as a percentage of our overall revenue mix has declined by about half over the last 30 years."
On subsidies for ethanol production.
Non-defense discretionary spending has increased "by over 80 percent in the last two years."
"The (national) debt really added up $75 trillion in 2010 and is on track to hit $99 trillion this year."
"Rep. Robert Hurt voted again today to end Medicare and raise health care costs for Virginia seniors."
"Gerry Connolly and his fellow Democrats went on a spending spree and now their credit card is maxed out."
"If you look at the benefits and wages of recorded federal employees, they far outstrip the market rates of the private sector."
The U.S. has "over $62 trillion in unfunded liabilities."
Failure to raise the debt limit does not force a U.S. default on debt payments.
George Allen "had 40,000 earmarks" while he was a senator.
Rep. Paul Ryan’s Medicare plan "lines the pockets of the private insurance companies," increases costs for seniors and does not reduce the deficit.
"Right now we are spending at an all-time high, close to 25 percent of our GDP [is] being spent on the federal government. But our revenues are at an almost all-time low of about 15 percent [of GDP]."
George Allen voted to add $3 trillion to the federal debt, voted to raise the debt ceiling four times and voted for the No Child Left Behind Act while he was a senator.
Discretionary spending has "increased over 20-some percent in two years if you don’t include the stimulus. If you put in the stimulus, it’s over 80 percent."
The GOP budget plan "would cut nearly a million jobs."
The House budget plan proposes "the largest discretionary spending cut in history."
"Put simply, less government spending equals more private sector jobs."
The United states is "borrowing more than 40 cents of every dollar we spend."
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