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Public Statements

Require Presidential Leadership and No Deficit Act

Floor Speech

By:
Date:
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. GIBSON. Madam Chair, I want to thank my colleague, Mr. Schrader, for offering this amendment. I rise in support of it.

Madam Chair, we're only about 3 weeks away from the specter of sequestration, always meant to be a forcing function for us to come together to get a grand agreement. And what this amendment says is the President should use the framework, the Simpson-Bowles framework, as a starting point to get that conversation going.

You know, the President said, when he initiated that fiscal commission:

For far too long, Washington has avoided the tough choices necessary to solve our fiscal problems, and they won't be solved overnight. But under the leadership of Erskine and Alan, I'm confident that the Commission I'm establishing today will build a bipartisan consensus to put America on the path toward fiscal reform and responsibility.

Madam Chair, last year, Cooper-LaTourette--we offered a bipartisan budget that was inspired by Simpson-Bowles, although we modified it some. What I'm asking the President to do is to come forward, to recognize this commission as a starting point, so that, once again, we can come together so we can address these unsustainable deficits.

So I'm proud to support this amendment, and ask my colleagues to support it.

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