Mr. STIVERS. Mr. Speaker, because government has spent money we don't have and borrowed money we can't pay back, our national debt now stands at $15 trillion. My daughter, Sarah, who is 2 years old, now has $50,000 as her share of the national debt.
Congress and the President have an obligation to make the tough decisions to reduce spending so we can provide a brighter future for our kids. That's why I was proud to support the Expedited Legislative Line-Item Veto and Rescissions Act this week. The bipartisan legislation provides a constitutional line-item veto solution and creates more checks and balances against runaway spending.
Alone it won't solve our problems; however, combined with a biennial budget and a balanced-budget amendment, it can deliver our children, like Sarah, from a future of debt to one of opportunity.