[Congressional Record Volume 156, Number 112 (Wednesday, July 28, 2010)]
[House]
[Page H6167]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WE NEED A CONSTITUTIONAL BALANCED BUDGET AMENDMENT NOW
(Mr. BUCHANAN asked and was given permission to address the House for
1 minute.)
Mr. BUCHANAN. Mr. Speaker, this weekend I had an opportunity in my
community, Sarasota, Florida, to talk to a couple hundred people,
working families and small businesses. They've had to cut their
expenses 20, 30 percent, but yet Congress is incapable of cutting its
own expenses.
First 206 years, the history of our country, we accumulated a
trillion dollars. The last 9 months we accumulated a trillion dollars.
Last year was a trillion and a half dollar deficit. You would think
after last year we would cut the expenses, no. But this year, another
trillion and a half dollar deficit. Next year they're projecting
another trillion and a half dollar deficit.
You can talk about Greece. We're the next Greece. We have to have a
constitutional balanced budget amendment. It's a bill I introduced my
first year here. It just says simply you can't spend more than you take
in. We need a constitutional balanced budget amendment now.
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