[Congressional Record Volume 157, Number 174 (Tuesday, November 15, 2011)]
[House]
[Pages H7589-H7590]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS MUST PASS BALANCED BUDGET AMENDMENT
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. WILSON of South Carolina. Madam Speaker, on Friday, Congress will
have the opportunity to vote on the balanced budget amendment. This
legislation will limit Congress from spending more than it receives in
revenues unless both the House and Senate agree with a three-fifths
vote.
Under the current President, the national debt has increased at 34
percent and grown to almost $15 trillion. With the Federal Government
borrowing 42 cents for every dollar it spends, it is past time to take
action fulfilling the first bill, introduced by my predecessor, the
late Chairman Floyd Spence, for a balanced budget amendment.
The passage of the balanced budget amendment will help grow the
economy and create jobs. I hope both parties will come together and
pass the balanced budget amendment, which will put America back to work
and promote small business job creation.
[[Page H7590]]
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
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