[Congressional Record (Bound Edition), Volume 157 (2011), Part 8]
[House]
[Page 11305]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    CUT, CAP, AND BALANCE OUR BUDGET

  (Mr. CHAFFETZ asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. CHAFFETZ. A short time ago, the President issued an 
administration policy statement saying that he would veto Cut, Cap, and 
Balance.
  I appreciate the President's offering a moment of clarity. He said: 
``Instead of pursuing an empty political statement and unrealistic 
policy goals, it is necessary to move beyond politics as usual and find 
bipartisan common ground.''
  All we ask is that we balance our budget. For the President to 
suggest that balancing our budget is not common ground does provide 
clarity.
  This President has no plan to balance our budget. The budget that he 
submitted never balances. In fact, it doubles and triples the debt.
  We're asking that if the President wants to raise the debt ceiling, 
we must solve the underlying problem; and the underlying problem is 
we're borrowing, taxing, and spending too much money in this country.
  The President says, ``passing a balanced budget amendment that, in 
the years ahead, will likely leave the Nation unable to meet its core 
commitment of ensuring dignity in retirement.''
  Mr. President, if we don't balance this budget, if we don't take care 
of our debt, if we don't pay off our debts, this country will be 
bankrupt.
  We're spending and borrowing too much money. We can no longer borrow 
40 cents out of every dollar in this country. That's why we must pass 
Cut, Cap, and Balance.


                Announcement by the Speaker Pro Tempore

  The SPEAKER pro tempore (Mr. Simpson). Members are reminded to 
address their remarks to the Chair.

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