FISCAL RESPONSIBILITY -- (House of Representatives - February 23, 2009)
Mr. WILSON of South Carolina. Mr. Speaker, today there's a fiscal responsibility summit at the White House. I hope this summit will be the beginning of important decisions Congress is going to make in order to limit the rising cost of government.
It is disappointing that this summit came after Congress passed a $1 trillion spending package last week that many of my colleagues and many Americans do not believe was the right way to stimulate our economy. Nevertheless, it is vital that we start anew and sincerely to make responsibility the foundation of governing.
We need reforms that protect the services and benefits promised to American families while not growing the burden of taxation, tragic inflation, or the long-term tide of wasteful spending. If we are truly dedicated to protecting and preserving services like Medicare, Medicaid and Social Security, then, indeed, we must reform them to keep them solvent.
In conclusion, God bless our troops, and we will never forget September the 11th.