On the Budget

To me, the debate over what to do with the budget surplus is simple. If you ask any working family in Silicon Valley what they do when they have some extra money at the end of the month, they'll tell you that they pay off their bills. It's common sense. Likewise, the federal government should use its projected surplus to pay the bills. By using the surplus to pay off the national debt, we can save money on the interest we pay and ensure the long-term solvency of Medicare and social security. With what's left, we can offer targeted tax relief for working families who really need it.
- Congressman Mike Honda