the president's budget includes a proposed freeze on nonsecurity discretionary spending, a powerful sign that congress must tighten its belt. but, frankly, a mere pittance in the effort to attain balance. in addition, the president signed a bill to reform weapons acquisition and help control the $296 billion in defense cost overruns identified by the government accountability office. we have also reinstated the crucial pay as you go law that forces congress to find a dollar's of savings for every dollar it spends. under president clinton pay-go helped turn deep deficits into a record surplus. let me quickly add the chip was the major reason we turned deficits into surplus. the growth in the economy. it was the rapid expansion of the economy that helped to produce the unprecedented balanced budget whether it comes to cutting taxes or increasing medicare benefits, pay-go is valuable because it removes from the table the easily, the easy, usually unspoken solution. and that is, of course, to pass the costs along to our children. i was proud to sponsor the pay-go law not because it gets us o

which is why he sent down a freeze budget which reflects a freeze on nonsecurity, nondefense discretionary spending. i think any budget that we adopt will honor that. i think the appropriations process will honor that. and, yes, there are clearly a number of us who believe that we ought to spend more in some areas and less in others. i think we can do that within the framework of a freeze. and that's the kind of budget we hope we'll adopt. and we're working towards that end. you ask me do we have the votes. we don't have a budget yet so i can't tell you whether we have the votes yet for that budget. >> you've got a lot of big issues still on the agenda this year, regulatory reform being one of them. but the health care fight was really a draining, exhausting experience for everyone, i think. do you sense some fatigue among your members over doing these big issues, reluctance to do them before the election? >> i think that you're correct. clearly, health care legislation that was adopted, giving health care to all americans and access to affordable, quality health care, was a very tough fig

to -- you are not going to make tough decisions as the president has had to in terms of freezing nonsecurity spending over the course of the next three years without getting bipartisan support. >> reporter: the debt commission's recommendations won't be made public until december so the white house, democrats and republicans don't have to sign on to them before the fall mid-term elections. megyn: a hotel in las vegas really going to shock you. speaking of spending, you know, sometimes the prompter and i don't get along. would you part with $100 for a chance to throw yourself off the top of a building? kid you not. one group hopes this will turn into a money maker. alan colmes joins me with mistake on how the white house is looking to profit from federal fraud charges against goldman sachs. bernie goldberg in a war of word with the daily show * jon stewart. >> you can't criticize me for not being fair and balance. that's your slogan, which by the way you never follow. daily intake for all vitamins and minerals through diet alone. that's why there's... it helps provide key nutrients your body

of management and budget determine the spending growth rate by comparing the previous two years nonsecurity discretionary spending without regard to whether spending was offset and in a nut shell it would have insulated families and taxpayers from being boosted up into what is known as bracket creep. now, there are some folks that say, well, you know, all this would do is accelerate deficits and create more of a problem. but if the federal government simply lived within its means and followed what president obama is proposing as it relates to the capping, freezing of nondiscretionary spending, then we wouldn't have this type of problem. so, you know, like all speakers i think today were speaking in favor of this bill, but my sense is that we can do better. so, my hope, my expectation and my heartfelt desire is to have a sense of protection, mr. speaker, for taxpayers. i think this bill is a little bit of a swing and a miss. i still support the underlying bill but we can clearly do better. with that i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from georgia.

and president obama has proposed a budget that freezes nonsecurity discretionary spending. cuts the deficit by more than half, by 2013, and cuts it by more than $1 trillion over the next decade. americans need to know that every dollar in our budget is spent wisely and that none of them go to waste. we talk a lot about waste, fraud, and abuse, but administration after administration talks about it and then as soon as they leave, we talk again about waste, fraud, and abuse. whether it's a republican administration or democratic administration. we all talk about it. and then we immediately talk about it after the last administration's left. americans need to know that their dollars are being spent correctly. that's what this bill is focused on. defense acquisition reform is part of that work because defense spending accounts for nearly 1/5 of our federal budget. we took an important step last year when we passed and the president signed the weapons system acquisition reform act. i say we have now been -- see we have now been rejoined by the chairman of the committee, my good