Rep. Doggett: On Day One of New Congress, Republicans' First Step is Backwards

Full text of his remarks follow below.

"On Day One of this new Congress, the Republicans' first step is backwards. While professing such great concern about spending and debt, they abandon pay-as-you-go budgeting, returning to the Bush-Cheney approach— endless borrowing.

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"‘Cut-go' just cuts fiscal discipline and says, ‘Go borrow from the Chinese.'

"House Republicans are like the fellow who bellies up to the bar, asking for just one more round of tax breaks for his buddies, while declaring, ‘Put it on my tab.' But it's really our tab. By focusing on only half the budget equation, and avoiding revenue stewardship, they reject sound fiscal leadership."

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