[Congressional Record (Bound Edition), Volume 156 (2010), Part 8]
[House]
[Pages 10690-10691]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1200
                             PASS A BUDGET

  (Mr. THOMPSON of Pennsylvania asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. THOMPSON of Pennsylvania. Mr. Speaker, the House of 
Representatives has passed a budget every year since the Congressional 
Budget Act took effect in fiscal year 1976. To be

[[Page 10691]]

completely accurate, there have been times under both Democrats and 
Republicans when a finished budget was not passed by both Houses. But 
this is the first time the House of Representatives has simply decided 
there is too much peril for the American public to see the numbers that 
they are pursuing, so they are going to stop the game before the coin 
is even tossed.
  We have more than $13 trillion in debt and a Presidential budget that 
puts the deficit at $1.6 trillion and spends $3.8 trillion. Even Fed 
Chairman Ben Bernanke says this budget is, quote, ``unsustainable.''
  Faced with similar challenges in your personal budget, there would be 
a talk around the kitchen table and the children's allowances would be 
cut, along with many other luxuries. It is that discussion that the 
majority seems unwilling to have under the theory that if they ignore 
it, it might go away. Unfortunately, the debt will not go away. The 
pain will be transferred to our children and grandchildren in the hopes 
that they will have the guts to face reality.

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