Congressman Diane Black (R-TN) released the following statement regarding her vote in support of the "Require a PLAN" Act (H.R. 444). This legislation would require the White House to either produce a balanced budget within the 10-year budget window or provide a supplemental budget plan by April 1, 2013, that identifies in which fiscal year the president's plan would achieve balance. Rep. Black is a co-sponsor of H.R. 444. Click here to watch Rep. Black's floor speech.
"The president says he wants a so-called balanced approach, but he has yet to introduce a budget that would balance -- not next year, not in 10 years, not in 30 years from now. The "Require a PLAN' Act simply requires the president to let Congress and the American people know when and how he is going to balance the budget. That is surely not too much to ask of the president.
"Since regaining control of the House, we on the House Budget Committee have offered our solutions to the country's fiscal challenges by introducing and passing a budget on time that prioritizes spending and expands opportunities. However, the president and Senate Democrats who run Washington have continually rejected responsible budgeting. The result: credit downgrades; four straight years of deficits exceeding $1 trillion; nearly $6 trillion in new debt and chronically high unemployment. The status quo has put America on a fast-track to fiscal collapse.
"This is not based on partisan politics; it is based on math. This about averting the most predictable crisis in American history. As the minority party in Washington, Republicans have a responsibility to hold the president and his party accountable. It is long past time for the president to lead on the most pressing issue facing our nation. He should start by introducing a budget that balances."