[Congressional Record Volume 140, Number 27 (Friday, March 11, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: March 11, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
PUT YOUR MONEY WHERE YOUR MOUTH IS: SUPPORT BALANCED BUDGET ACT
(Ms. MARGOLIES-MEZVINSKY asked and was given permission to address
the House for 1 minute and to revise and extend her remarks.)
Ms. MARGOLIES-MEZVINSKY. Mr. Speaker, I rise today to propose a
resolution that will force this body to put its money where its mouth
is.
Odds are we will soon vote on the balanced budget amendment. And odds
are it will pass, as we all know that it failed in the other body and
our votes on it this year will therefore be irrelevant.
It is odd that a gimmick like the balanced budget amendment will be
able to garner enough votes for final passage, but a real step towards
reducing our deficit like the Penny-Kasich amendment, which would have
cut spending $90 billion over the next 5 years, failed.
By debating the balanced budget amendment, and by supporting it
knowing that our votes are meaningless, we deceive the American people
into thinking that we are actually doing something about the deficit
when the sad truth is we are not.
Today I introduce the Real Balanced Budget Act, or the put your money
where your mouth is act. It will force us to actually balance the
budget 2 years in a row before we can talk about any constitutional
amendment. It will ensure that we make substantive cuts and not just
great-sounding, but empty, speeches.
Support the Real Balanced Budget Act. Put your money where your mouth
is.
____________________