[Congressional Record Volume 157, Number 119 (Monday, August 1, 2011)]
[House]
[Pages H5818-H5819]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               A BALANCED BUDGET, NOT A BALANCED APPROACH

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. At the beginning of the debt ceiling debate, House 
Republicans made it clear that if the President and congressional 
Democrats wanted us to pay their bills, they were going to have to 
commit to cutting up the credit cards.
  The simple truth is that in just 7 months, House Republicans have 
already changed the broken political system in Washington to move away 
from ``how much can we spend?'' to focus on how we can stop spending 
money we don't have.
  House Republicans have led the fight for controlling spending and 
saving our children and grandchildren from national bankruptcy, voting 
to actually shrink a Federal Government that has done nothing but 
expand for 40 years. The cuts may be small relative to the size of the 
problem, but the change in direction is historic. For the first time in 
the history of modern Federal budgeting, House Republicans will cut 
discretionary Federal spending for 2 straight years.

[[Page H5819]]

  President Obama wanted a ``balanced approach'' to solve our debt 
crisis, which means historic tax increases on job creators. We don't 
need a ``balanced approach,'' Mr. Speaker. We need a balanced budget.

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