[Congressional Record Volume 156, Number 89 (Tuesday, June 15, 2010)]
[House]
[Page H4438]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE U.S. NEEDS A BUDGET
(Mr. SMITH of Nebraska asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. SMITH of Nebraska. Mr. Speaker, at its most fundamental level,
the duty of Congress is to steward the tax revenue. Lately, all
Congress has been doing is spending it. Through the first 8 months of
the current fiscal year, the Federal Government amassed $941 billion in
deficit spending. Every penny of debt accumulated must be paid for by
our children and grandchildren. Without a budget, the only spending
rule is, there are no rules.
The deadline for the House of Representatives to pass an actual
budget has come and passed, and we still have nothing to show the
American people. The budget process can be frustrating, but that's what
we're here to do, to make the tough decisions. Families, small
businesses, cities and States have to put together a budget. Congress
must do the same for our country. We need a practical, workable Federal
budget which restrains spending and puts us on a path to solvency,
economic growth and prosperity.
____________________