Mr. Speaker, this evening, on behalf of the 44 member strong fiscally conservative Democratic Blue Dog coalition, I rise to spend an hour this evening talking with you and Members of this body about the Blue Dog Coalition's desire to…
Mr. Speaker, this evening, on behalf of the 44 member strong fiscally conservative Democratic Blue Dog coalition, I rise to spend an hour this evening talking with you and Members of this body about the Blue Dog Coalition's desire to restore fiscal discipline and common sense to our national government.
Over the next hour, we plan as members of the fiscally conservative Democratic Blue Dog coalition to talk on this floor about the Blue Dog Coalition's 12-point plan for budget reform. We plan to discuss our accountability measures, because we believe it is time to restore accountability, fiscal discipline, and common sense to our national government.
Before I begin the formal presentation this evening, and will be joined by other members of the Blue Dog Coalition, I would like to take a moment to recognize Sergeant Marcus Wilson. Sergeant Wilson grew up in Dermott, Arkansas, in southeast Arkansas, in our congressional district back home.
This afternoon I had the honor to go to Walter Reed Army Hospital where I was able to sit down and visit with Sergeant Wilson and his wife and his son and thank him for his service to our country. He is there because of injuries suffered in Iraq.
Before that he served in Afghanistan. All of us have different ideas about what we should be doing with this post-war Iraq policy. But one of the things that I believe is absolutely critical and important is that as Members of this Congress, and as American citizens, that we remain united in support of our men and women in uniform. This evening I pay tribute to Sergeant Marcus Wilson of Dermott, Arkansas, and thank him for his service to our country and pray for him as he recovers from injuries he suffered in Iraq.
Mr. Speaker, I wish you could have been with me there this afternoon in conversations with Sergeant Wilson because he makes all Americans proud with his attitude, his attitude of perseverance, his attitude of service to our country as a soldier in the United States Marines. Again, I pay tribute and salute Sergeant Wilson.
Mr. Speaker, on this day my brother-in-law leaves to go to Kyrgyzstan, which is the entry point for Afghanistan, much like Kuwait is the entry point for Iraq, for his second mission there. I hope that all of us will keep him and all our troops in Iraq and Afghanistan and elsewhere across this globe in our hearts and in our prayers.
Mr. Speaker, the underlying purpose of the fiscally conservative Blue Dog Coalition is to demand a balanced budget in this country. Mr. Speaker, it was not too long ago from 1998 through 2001 that we had a President named Bill Clinton, from my native State, from my home State, who gave us a balanced budget.
One of the ways he did that was with PAYGO rules in place on the floor of the U.S. House of Representatives, rules that the Republican leadership threw out after they took control of the House and Senate and the White House in 2001, the beginning of the 107th Congress.
What we have witnessed over the past 6 years has been absolutely staggering, if not startling. We have seen the largest deficit year after year after year until we have accumulated the largest debt ever in our Nation's history.
As members of the fiscally conservative Democratic Blue Dog Coalition, we are committed through our 12-point plan for budget reform and through our accountability package to restore fiscal discipline to our Nation's government.
As we begin this evening, today the U.S. national debt is $8,701,316,295,722.43. We ran out of room. For every man, woman and child in America, their share, your share of the national debt, $29,035.60, what we refer to as the debt tax, d-e-b-t, which is one tax that cannot be repealed, cannot be cut until we go away and get our Nation's fiscal house in order.
If this is not startling enough, what's even more alarming is the fact that our Nation is borrowing about $1 billion a day. On top of that, we are spending about half a billion every day paying interest on the debt we have already got before it increases by another $1 billion a day. It is important that we get our fiscal house in order, that we return to the days of a balanced budget, that we restore fiscal discipline to our national government, because it is about priorities.
Many of America's priorities, honoring our soldiers, giving them the resources they need to get the job done, honoring our veterans and providing them the services that they were promised and so desperately need, especially with this new generation of veterans coming back from Iraq and Afghanistan and other parts of the world, the priorities in education, and so many other areas that are going unmet, half a billion dollars a day is not going to those priorities, they are going to simply pay interest on the debt we already got before it increases another $1 billion just about every single day.
We want to do something about this. We want to effect change. We are sick
and tired of all of the partisan bickering that goes on in our Nation's capital. As members of the Blue Dog Coalition we don't care whether it is a Democrat or Republican idea. We ask ourselves if it is a commonsense idea and does it make sense to the people who sent us here to be their voice.
We have pushed, for 6 years we have asked the Republican leadership to reinstitute the PAYGO rules on the floor of this House, and for 6 years they turned a deaf ear to us. We are really proud that this new leadership, the Democratic leadership, has listened to the Blue Dog Coalition. In the first 24 hours of the 110th session of Congress, we saw the new Democratic leadership on this floor institute rules that reinstated PAYGO, which is the first step in returning to a balanced budget and putting an end to deficit spending.
This evening, Mr. Speaker, I am honored to be joined by a former cochair of the Blue Dog coalition, a real leader within our group from the State of California (Mr. Cardoza). At this time I yield to the gentleman from California (Mr. Cardoza).
Mr. Speaker, I thank the gentleman from California for joining us this evening as a member of the fiscally conservative Blue Dog Coalition to talk about the need to restore common sense and fiscal discipline and accountability to our Nation's government.
On the accountability front, Mr. Speaker, under the United States Constitution Congress has an obligation to provide Congressional oversight of the executive branch. Congressional oversight prevents waste and fraud, it ensures executive compliance with the law and evaluates executive performance.
What we saw, Mr. Speaker, for the last 6 years is a Congress that failed to uphold its constitutional duty to provide oversight of the administration. Rather, what we saw was a Congress that provided a rubber stamp.
The 110th Congress will be different. We will uphold the Constitution of the United States of America and we will provide oversight of the executive branch, as the founders of this country wrote into our Constitution. The reason we are doing that is because when Congress does not do that, it abandons its responsibility by failing to conduct meaningful investigations of allegations of serious waste, fraud, abuse and mismanagement of taxpayer dollars.
Mr. Speaker, it is time for this Congress to hold this administration and the Pentagon accountable for how your tax money is being spent in Iraq. Let me be clear about it: As long as we have soldiers in harm's way, we will support our men and women in uniform. As I mentioned earlier, my brother-in-law is in the U.S. Air Force, and today is headed from Fairchild Air Force Base in Spokane, Washington, to Kurdistan, where he will be serving for the next few months, if not the first year. My first cousin is in the U.S. Army. His wife gave birth to their first child while he was in Iraq.
This war has impacted all of us across this country in one way or another. I have had 3,000 National Guard soldiers, brave soldiers from Arkansas, spend more than a year in Iraq. I e-mailed today with a soldier from my district in Iraq. Make no mistake about it, as long as we have men and women in uniform in harm's way, we will support them and ensure that they receive the resources they need to get the job done.
But that should never be confused with holding the administration, the Pentagon and the Department of Defense, accountable for how this money is being spent. We are sending some $9 billion a month, with a B, of your tax money to Iraq. The last report I got, it was some $57 million a day to Afghanistan. It is time that this Congress held this administration and the Department of Defense accountable for how it is spending your tax money in Iraq, Afghanistan and other parts of the world.
Additionally, Mr. Speaker, it is time that we hold this new Iraqi government accountable. They must be accountable for their actions. If we are going to put soldiers in harm's way, if we are going to have soldiers dying and becoming injured and returning home without arms and legs and with other injuries that forever change their life, it is time we hold this new Iraqi government accountable for what they are doing or not doing in Iraq.
Finally, Mr. Speaker, it is important, it is absolutely critical, that we stop this nonsense of passing supplemental after supplemental in funding for the Iraq war when we know that this is a long-term deal. It is time for the President to quit playing games with the American people, to stop this nonsense of passing supplements. It is my understanding he is going to ask for billions more in a supplemental just days, if not weeks, before the budget comes out for fiscal year 2008. It is time to make the cost of Iraq and Afghanistan clear to the American people, provide a level of transparency, and include it in the budget.
This is what we are talking about when we are talking about restoring accountability to our national government. Once we demand accountability we will see these deficits begin to disappear.
When I was a small child growing up, I always heard it was the Democrats that tax and spend, and yet I come to Congress and we have got for 6 years a Congress that is controlled by Republicans in the House, the Senate and the White House, a country controlled by the Republicans, and what do they give us? They gave us the largest deficit ever in our Nation's history, year after year after year, in fact, the largest deficit ever. $413 billion in hot checks occurred in 2004; in 2003, it was $378 billion in hot checks; in 2005, $318 billion; in 2006, $296 billion in hot checks.
It is time to restore fiscal discipline to our Nation's government. It is time for this government to have a balanced budget once again, because where is this money coming from? It is not only coming from taxpayers, but we are spending more than we are taking in. It is coming from foreign central banks and foreign investors. In fact, this administration has borrowed more money in 6 years from foreigners than the previous 42 Presidents combined.
Mr. Speaker, I am pleased to be joined this evening for this discussion
by the cochair of the fiscally conservative Democratic Blue Dog Coalition, the gentleman from Florida, Mr. Boyd.
Mr. Speaker, I thank the gentleman from Florida, a real leader in the fiscally conservative movement, cochair for administration in the Blue Dog Coalition, for his insight this evening.
Mr. Speaker, if you have any comments, questions or concerns for us, you can e-mail us at [email protected]. That is [email protected].
Mr. Speaker, we are often asked how we got the name Blue Dog Coalition if we are just simply a group of fiscally conservative to moderate Democrats. Quite frankly, Mr. Speaker, ironically, after the Republicans took control of Congress in 1994, we were a group, which I wasn't yet a part of, I came here in 2000, but the conservative- moderate movement in this Congress was a group of Democrats that, you have heard the phrase ``yellow dog Democrat,'' well, the Democrats to our left were choking us blue and the Republicans to our right were choking us blue, and we found ourselves in the middle, which is where we believe America is and where we are trying to bring our country, or at least our Congress as we try to restore fiscal discipline to our national government.
But on this accountability measure, if you think with me, Mr. Speaker, no business in our country could succeed financially if it failed to fully report to its shareholders on how it is spending its money. However, that is exactly how our Federal Government has been operating for the past 6 years. This administration is not telling its shareholders, the American taxpayers, how it spends the money coming into our Nation's capital.
In 2004, $25 billion of Federal Government spending went absolutely unaccounted for, according to the Treasury Department.
The Bush administration was unable to determine where the money had gone, how it was spent or what the American people got for their tax money. Even worse, the Republican-controlled Congress at the time failed to hold the executive branch accountable for this omission. Again, a rubber-stamp Congress year after year. The 107th Congress, a rubber-stamp Congress; the 108th Congress, a rubber-stamp Congress; the 109th Congress, a rubber-stamp Congress; the 110th Congress, no more rubber-stamp Congress.
You are going to see a Congress that upholds its constitutional duty given to it in the Constitution of the United States of America to provide oversight. That does not mean go on witch hunts. It means do our job that we have been elected to do in providing oversight and accountability on how the American people's tax money is spent.
In fact, in 2005, the General Accountability Office reported that 18 of 24 major Federal agencies had such bad financial systems that they do not even know the true cost of running some of their programs. Yet the Republican-controlled Congress at the time did not force these agencies to fully account for how money was being spent before doling out billions more of your tax money, Mr. Speaker, to the same programs.
Clearly, Congress year after year has failed to ask the serious questions
about the Bush administration's fiscal irresponsibility and record-high deficits 4 years in a row and have now pushed the Federal debt to nearly $9 trillion.
The time has come to hold this administration accountable for its reckless behavior here at home, as well as in Iraq, Afghanistan, and other parts of the world. You are going to see this 110th Congress do that under the leadership of the fiscally conservative Democratic Blue Dog Coalition.
I believe Congress must act now to renew its constitutional responsibility to serve as a check and balance for overspending, waste, fraud and financial abuse within the executive branch. Wasteful government spending has forced the national debt to its current record level; and future generations, our children and grandchildren, have to pay that bill. Future generations will have to pay back with interest the money the Federal Government is borrowing from other countries due to this administration's fiscal recklessness.
The time has come to restore commonsense and fiscal discipline to our Nation's government. As members of the Blue Dog Coalition, we have a plan to restore accountability to our government and we have a 12-point plan for budget reform.
At this time, Mr. Speaker, I yield to a new Blue Puppy, if you will, a new member of the Blue Dog Coalition from Ohio (Mr. Wilson).
Mr. Speaker, I thank the gentleman from Ohio, and we welcome him to the fiscally conservative Blue Dog Coalition and appreciate his commitment to restoring accountability, commonsense, and fiscal discipline to our national government.
A lot of times when people think of conservative Democrats, they think of the South; and you will find with the Blue Dog Coalition that we come from every region of the country, Arkansas, Ohio, Long Island, Burbank, Florida, California, and everywhere in between, and we share a common value, and that is, to be responsible stewards of the tax money that is sent to this capital and to ensure that we leave this country just a little bit better than we found it for our children and grandchildren.
Mr. Speaker, what brings us here this evening is, as this poster demonstrates, the national debt, $8,701,316,295,722 and some change. Again, you divide that number by every man, woman and child in America, everyone's share of the national debt is $29,035. A lot of money, a number we need to pay down by going back to the days of a balanced budget, as we had in this country from 1998 through 2001.
Mr. Speaker, as you walk the Halls of Congress, it is easy to detect when you are walking by the office of a Blue Dog member because you will see this poster as a welcome mat by their door to constantly remind Members of Congress and the American people of the national debt. This number, unfortunately, not only changes daily but will go up some $40 million during the hour that we are on the floor this evening discussing this crisis.
I would yield to the gentleman from Florida.
Mr. Speaker, I guess a good way of putting that was the total national debt, not just 6 years ago, but the total national debt from 1789 to 2000 was $5.67 trillion. Today, it is approaching $9 trillion; and by 2010, it is estimated to total more than 10 and approaching $11 trillion. Put it another way, it is doubling, a doubling of the 211-year debt in the past 6 years.
The reason the debt should matter, Mr. Speaker, is because interest payments on this debt are one of the fastest growing parts of the Federal budget, which means less money for education, less money for veterans benefits, less money for health care, less money for roads, and on and on and on.
So deficits do matter. Deficits reduce economic growth. They burden our children and grandchildren with liabilities. They increase our reliance on foreign lenders who now own a sobering 40 percent of our debt.
I yield to the gentleman from Florida.
The gentleman makes an excellent point. In fact, I have a list here. I guess it is like David Letterman's top 10 list. It is the top 10 current lenders. These are the countries that the United States of America are borrowing money from, and for the past 6 years, we have literally gone out and borrowed money from foreign central banks, foreign investors to give folks in this country earning over $400,000 a year a tax cut and leaving our children and grandchildren to foot the bill to pay back these foreigners, if you will.
But the top 10 current lenders are Japan, $640 billion; China, $321.4 billion; United Kingdom, $179.5 billion; OPEC, imagine that one, $98 billion. The United States of America has borrowed from OPEC to run our government. It is time we learned to live within our means again. Korea, $72.4 billion; Taiwan, $68.9 billion; Caribbean banking centers, $61.7 billion; Hong Kong, $46.6 billion; Germany, $46.5 billion. And are you ready for this? Mexico. Mexico, our Nation has borrowed $40.1 billion from Mexico to fund this reckless spending that we have seen in this Chamber and in this government in the past 6 years.
Mr. Speaker, I can assure you, this is every bit as critical to our national security as anything else we have got facing us today because it is a threat to our Nation. It is a threat to our Nation for us to owe this kind of money to so many foreign countries and their central banks and their investors.
I yield to the gentleman from Florida.
I thank the gentleman from Florida. As you can see, in 2000 we had a surplus, in 2001 we had a surplus, and then in 2002 you can see what happened. And the purple demonstrates that we have been in the red, deficit spending year after year after year, record deficit after record deficit.
I think it is important to note that what we are trying to do here is set the stage, explain the mess we are in, and we are not here to simply criticize the Republican leadership of the past 6 years; we are here to offer up commonsense solutions to fix this mess. I think the American people want us to fix it.
As members of the Blue Dog Coalition we have tried to spend the last half hour framing how we have gotten to where we are, because a lot of people remember when we did have a balanced budget in this country. We want to get back to those days, and the way we believe we can do it is through the Blue Dog Coalition's 12-point plan for budget reform.
Point number one is require a balanced budget. Blue Dogs support a constitutional amendment to require a balanced budget every year except in times of war or national emergency. We believe a balanced budget amendment is the only way to ensure fiscal discipline in Congress. Forty-nine States require a balanced budget. Holly Ross requires a balanced budget. And I don't believe it is asking too much and I believe the American people expect it from us to provide them a balanced budget with their tax money and how we run our government here in these United States of America.
If the gentleman would yield. When we talk about PAYGO rules, that is an acronym used on the floor of Congress; but to a lot of the folks of America they probably ask, what is this PAYGO business? It means pay-as-you-go. It was the policy that was in place in this Chamber when we saw the first balanced budget in 40 years, and it went out the window with the Republican leadership of 2001 and we have seen record deficit after record deficit since then. And for 6 years we begged the Republican leadership to listen to us conservative Democrats and work with us to reinstitute this PAYGO rule, and for 6 years it fell on deaf ears. And I am very pleased that one of these 12 points for budget reform, in fact a couple of them, have now been implemented as a policy in the rules of this House under the new Democratic leadership, and I want to thank them for not only listening to us but heeding our call and doing it in the first 24 hours of the 110th Session of Congress under the Democratic leadership, which demonstrates that our message is getting out. People are identifying with our message of restoring fiscal discipline to our national government.
But many folks on the Republican side still don't get it, Mr. Speaker. I will never forget when we were down here debating the PAYGO rule, and PAYGO means pay-as-you-go; it means if you have got some new idea for a new program, you have got to show us. And I watched Member after Member on the Republican side get up and say that it is nothing more than a disguise for a tax increase, because if you are going to have new spending, you have got to have more money. They don't get it. They are the party that used to believe in cutting spending, and now they think the only way to pay for a
program is raising taxes. Not so, Mr. Speaker. We are talking about paying for programs, paying for ideas that are good for the American people by cutting other programs, cutting the waste out of government.
People say, well, there is really waste in the government? Yes, sir, Mr. Speaker. I have got $400 million worth of waste sitting in a cow pasture at the Hope Airport in Hope, AR, in some 8,000 brand-new, fully furnished, manufactured homes that FEMA ordered for Hurricane Katrina victims that never got to those victims. They still are sitting there in a hay meadow at the airport in Hope, AR. That is just one of many examples of waste. That is a $400 million example. It is a symbol of what is wrong with FEMA and what is wrong with this administration.
I yield to the gentleman from Ohio (Mr. Wilson).
The gentleman from Ohio is exactly right. In fact, that is point number 4 in the Blue Dog's 12-point plan for budget reform: Require agencies to put their fiscal houses in order. Number 3 was put a lid on spending. Number 5: Make Congress tell taxpayers how much they are spending.
I want to thank the gentleman from Florida for helping me go through the first 6 of our 12 points for budget reform that we believe can go a long way toward cleaning up this mess here in Washington. And next week, Mr. Speaker, we will be going through the other six points for budget reform. And the gentleman is right, a rainy day fund makes so much sense. No more of these supplementals, which is another word for skirting the budget and skirting the normal appropriations process. We are kidding ourselves if we don't believe there is going to be some kind of disaster or need for a rainy day fund in America every year. These are 6 of the 12 points that we believe can lay a foundation to return to the days of a balanced budget to restore fiscal discipline and accountability to our government.
A lot of people, Mr. Speaker, want to know, what is this Blue Dog Coalition? We are 44 members strong. But what exactly is the Blue Dog Coalition and what exactly do they stand for? And Mr. Speaker, if you have got any comments or concerns for us, you can e-mail us at [email protected].
I am pleased to be joined this evening by a real leader of the Blue Dog Coalition from the State of Tennessee, Mr. Lincoln Davis, who in these closing few minutes is going to tell us exactly what the Blue Dog Coalition is all about and what we as fiscally conservative Democrats stand for.
I yield to the gentleman from Tennessee.
I thank the gentleman from Tennessee for joining us for this Special Order as we talk about the fiscally conservative Blue Dog Coalition's 12-point plan for meaningful budget reform, what we believe can lay a foundation to return us to the days of a balanced budget, to put an end to this reckless spending, to put an end to this deficit spending, and as we discuss our plan for accountability.
We are here to offer up commonsense solutions to many of the challenges facing this country today, Mr. Speaker. As I conclude, I would just remind you that the national debt as of today is $8,701,316,295,722. And that debt during the past hour while we have been on the floor of this House has gone up by an estimated $40 million. It is time to restore fiscal discipline to our national government.