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Our Budget Is Ambitious, But Also Fiscally Sound (Rep. John Spratt)

by S.C. Dem. Rep. John Spratt, Jr. - 05/17/07 12:08 PM ET

I like to say this is a balanced budget with balanced priorities. It moves us in the right direction, and to balance in five years, without raising taxes. It posts smaller deficits than the President’s budget over five years; adheres to the Pay-As-You-Go principle and contains no new mandatory spending not paid for; and it adds “program integrity initiatives” to root out wasteful spending. Within this framework, our budget does more for veterans’ health care, more for education, and more for children’s health care.

It’s a new direction for America — an ambitious agenda, but one framed in a fiscally sound way.