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Require Presidential Leadership and No Deficit Act

Floor Speech

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Date:
Location: Washington, DC

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Mr. McCLINTOCK. I thank the gentleman for yielding.

Madam Chairman, a family that earns $27,000 but spends $36,000 and has run up a credit card debt of $165,000 is obviously on the brink of financial ruin. Proportionally, that is exactly where our Federal Government is today.

Now, if that family went to see a credit counselor, the first thing he's going to tell them is we've got to sit down and draw up a budget. Now, that family is going to have to make some very difficult choices. It may take several years to work its way back to solvency. But our Senate has not passed a budget in nearly 4 years, and our President has offered only entirely un-serious budgets that continue to spend recklessly and that never balance.

This bill simply requires that if the President can't balance the budget this year, he tell us how long it will take and what needs to be done to do so. We would expect that from any family. We should demand it from our government.

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