[Congressional Record Volume 157, Number 108 (Tuesday, July 19, 2011)]
[House]
[Page H5169]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     THE CUT, CAP, AND BALANCE ACT

  (Mr. McKINLEY asked and was given permission to address the House for 
1 minute.)
  Mr. McKINLEY. Mr. Speaker, the size of our debt is the greatest 
threat to our Nation's economy, and it inhibits the creation of jobs, 
jobs needed in West Virginia and all across America. But there is a 
plan to correct this. The Cut, Cap, and Balance Act, which I'm 
cosponsoring, lays out a clear and responsible vision for solving our 
debt limit crisis.
  President Obama must realize that his request to raise the debt 
ceiling without fundamental spending reforms is a non-starter. I won't 
deny that the President inherited a bad economic situation, but he made 
it worse. His failed stimulus program, the job-killing costs of 
ObamaCare, and the billions of dollars added to our country's spending 
through expanded programs have all contributed to the trillion dollars 
of new debt we are faced with today.
  It's time to get serious and solve the problem. We have a plan. Let's 
pass Cut, Cap, and Balance today.

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