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Public Statements

Proposing a Balanced Budget Amendment to the Constitution

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. FARENTHOLD. I thank the gentleman for yielding.

Every month, millions of American families make tough financial decisions about how they'll pay their bills, balance their budget, and make ends meet. They make tough choices and do without things they want so they can have the things that they need. The American people have to make these tough choices, and we, as their elected leaders, need to do the same thing. America cannot continue to spend more than we take in.

A balanced budget amendment to the Constitution will ensure our grandchildren do not have to deal with the reckless mistakes Congress has already made by overspending and excessive borrowing. Our vote on this amendment will show hardworking American taxpayers who have a hard time balancing their own budgets which Members of Congress get it and who are doing their jobs that they are elected to do.

The current national debt is over $15 trillion, and that's way too much. Passing a balanced budget is the best way to ensure that we don't spend money we don't have on programs we don't need.

The American people want a government that is responsible and accountable. A balanced budget, like almost every State has, like almost every family lives with, is a key to this responsibility and accountability. It makes our economy stronger and healthier and preserves this great Nation for generations to come.

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