[Congressional Record Volume 157, Number 174 (Tuesday, November 15, 2011)]
[House]
[Page H7591]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PASS THE BALANCED BUDGET AMENDMENT
(Mr. LANKFORD asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. LANKFORD. Madam Speaker, in my district, we disagree a lot about
football, but we strongly agree that the Federal Government must
balance this budget. As a freshman, I've seen firsthand this body will
only make the hard decisions when they have to make the hard decisions.
Though we don't agree that we need to balance the budget every time
and every place, we do understand that, as a Federal budget over the
course of a year, we must balance our budget. We don't do that because
the Constitution doesn't require it. It's time to change that reality.
In 1995 this body overwhelmingly approved a simple balanced budget
amendment, and it required that we would balance our budget each year.
It failed in the Senate by one vote, passed overwhelmingly in the
House. If it had passed both bodies and been ratified by the States,
within 10 years we would have balanced the budget by 2005. Our total
debt in 2005 was $7.5 trillion. It is now $15 trillion.
In just 6 years we doubled our debt. Now we stand here again debating
if this is the best language or the best option for a balanced budget
amendment. If we fail to pass it this year, 10 years from now some
freshman congressman will stand at this microphone and berate the 2011
Congress for delaying again the decision and passing on to their
generation an even bigger debt.
Let's build the wall around the Federal checkbook, and let's pass
this simple budget amendment.
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