Spending Control Act Of 2004
Mr. Chairman, I thank my chairman for yielding me this time. It is an important debate that we are having today, I think one that cuts across party lines, it cuts across generational lines, this issue of fiscal responsibility, and really…
Mr. Chairman, I thank my chairman for yielding me this time.
It is an important debate that we are having today, I think one that cuts across party lines, it cuts across generational lines, this issue of fiscal responsibility, and really keeping our word, keeping our commitment to a process that was put in place 30 years ago with the creation of the Committee on the Budget, with the commitment to control spending, to send forward a blueprint of priorities for the Federal Government, and then follow through on it.
Many people would be amazed to know, and if we could, please pull up chart 16; many people would be amazed to know that two-thirds of the Federal budget is on auto pilot. It is on auto pilot. Only one-third of the budget is subject to annual review, change that leads to a debate that leads to a vote that all of us are then held accountable for through the regular appropriations process. But two-thirds of the budget continues to grow year after year, really without direct input from the Committee on Appropriations or from the Congress as a whole. That is not good, long-term fiscal policy.
The programs within mandatory spending are worthwhile. They are important, but they are not so important that they should be exempt from congressional review. And as we move through this debate, and it is going to be a long debate, but it is an important debate; as we move through this, it is a healthy process for us to move forward with reform efforts that bring that two-thirds back under the control of the Congress and let us exert the control and take the responsibility that we were hired to take on.
I applaud our chairman and the distinguished Chairman of the Committee on Appropriations for working through these issues and having this important discussion about retaking congressional responsibility for the fiscal future of this country.