Balancing the Budget

Floor Speech

Date: Nov. 2, 2011
Location: Washington, DC

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Mr. HULTGREN. I want to thank my good friend and colleague for the amazing work that you've done over the years fighting for structural change in how Washington does its business. Thank you, Congressman Goodlatte, I really appreciate it. I appreciate the opportunity to be able to speak for a couple of minutes today.

Mr. Speaker, since the people of the 14th Congressional District of Illinois sent me to be their Representative in Washington, DC, last year, I have fought to bring accountability and responsibility back to Congress. Time and again, I voted to cut spending and reduce the size of Federal Government, and I haven't been shy about going against and opposing colleagues from the Republican side of the aisle when I felt like they weren't doing enough to get our fiscal house back in order.

With every vote, I'm guided by the belief that Washington, like our families and small businesses across the country, needs to live within its means. I know that the path to renewed and future prosperity lies through a return to fiscal sanity and not by saddling our kids and our grandkids with more debt.

Our job-creating bills--that have been sent over to the Senate and are stuck in the Senate right now--along with less spending and less debt will help give small business owners and job creators the confidence they need to hire and expand, putting Americans back to work again and getting our economy moving again.

Unfortunately, this Congress' efforts to cut spending are, on their own, insufficient. More importantly, any cuts we make today could be reversed by future Congresses. Long-term deficit reduction and spending restraint can only be accomplished through real structural changes to the way that Washington operates. And I believe, as many of you do, that a balanced budget amendment to the Constitution is exactly the change that we need.

I have been an outspoken advocate for a balanced budget amendment even before being elected, and one of the first things I did after being sworn in was to cosponsor a balanced budget amendment. A balanced budget amendment would force the Federal Government to spend only what it takes in--a novel concept--but it is the surest path to fiscal sanity, less spending, and a brighter future for our kids and our grandkids.

Support for the balanced budget amendment is gathering momentum in Congress and across this great Nation. In fact, as Congressman Goodlatte said, the House and Senate are required to vote on a balanced budget amendment very soon. But Congress has been here before. In 1995, they nearly passed a constitutional amendment mandating a balanced budget amendment but fell one vote short in the Senate. Imagine the difference of this Nation if that would have passed at that time than the situation that we're in right now. Sixteen years later, we have the chance to finally get it right.

The time is now. It is our responsibility and our duty to support a balanced budget amendment and bring accountability back to Washington.

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