News From… Congressman Dennis Cardoza
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congressman dennis cardoza's national democratic radio address |
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FOR IMMEDIATE RELEASE November 19, 2005 |
CONTACT: John Bray (202) 225-6131 |
WASHINGTON – Good Morning. I’m Congressman Dennis Cardoza from In Congress, I serve as a co-chair of the Blue Dog Coalition, a group of 37 conservative Democrats in the House of Representatives who are committed to fiscal responsibility and reforming the broken budget process in In 2001, when President Bush was sworn in, the Congressional Budget Office projected surpluses of 5.6 trillion dollars over the next ten years. Needless to say, that reality has not come to pass. Under President Bush, we have run up the biggest deficits in the history of the world. The reckless fiscal policies of President Bush and the Republican-controlled Congress last month pushed As you know, the Republican Party controls the White House, the Senate, and the House of Representatives. In his five years in office, President Bush has failed to veto one single spending bill passed through the spendthrift Republican Congress. This is a complete abdication of his responsibility as President. To make matters worse, over the past five years we have seen an unprecedented increase in the amount of debt that And he still has more than three years left to go. Despite this abysmal fiscal record, the Republican Leadership in the House of Representatives continues to push for a budget package that, by all accounts, would increase the national debt by another 20 billion dollars. The Republican Party has abandoned fiscal conservatism and embraced a budget system with no accountability. Now they are asking Members of Congress to vote on a so-called “Deficit Reduction Act” that actually increases the deficit. The Blue Dog Coalition has put forward a comprehensive 12-Step Plan that is designed to cure our nation’s addiction to deficit spending. Our proposal includes common-sense measures such as reinstating Pay-As-You-Go rules. Every American understands that they need to balance their check book each month. Government shouldn’t be any different. Pay as you go rules require that new spending and tax breaks are fully paid for, so they don't increase the deficit. In the 1990s, with PAYGO rules on the books, we saw deficits disappear, record surpluses, which produced rapid economic growth. In 2001, the Republican-controlled Congress abandoned PAYGO, and we have been awash in red ink ever since. It’s time for Congress to bring back PAYGO. In September, I joined my colleagues in the Blue Dog Coalition in writing a letter asking President Bush to host an emergency bipartisan budget summit to put our nation’s fiscal house in order. Unfortunately, our genuine effort to engage Republicans in a reasonable discussion on the budget was brushed aside. Blue Dogs, and all of our fellow Democrats, stand ready to do the right thing for
Now is the time for real reform, not more of the same. I’m Congressman Dennis Cardoza. Thank you for listening, and I hope you and your family have a wonderful Thanksgiving Holiday. |
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