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Public Statements

Let's Start Budgeting Responsibly

Floor Speech

Location: Washington, DC

Mr. THOMPSON of Pennsylvania. Mr. Speaker, the only way for Washington to control its spending problem is to start budgeting, and budgeting responsibly.

House Republicans have passed responsible budgets for 2 consecutive years that restore economic growth and reduce our deficits. Unfortunately, the Senate has not passed a budget in 4 years, and today the President missed the deadline for submitting his own budget to Congress for the fourth time in the last 5 years.

You don't have to look much further than these facts to learn why Washington has such a hard time living within its means. For this reason, the House is advancing a series of initiatives to force Washington's hand.

On January 23, 2013, the Chamber passed the No Budget, No Pay Act, which forces the Senate to pass a budget or Members of Congress will lose their pay. This week the House will consider legislation forcing the President to produce a balanced budget or submit a plan that indicates the earliest year he believes fiscal balance can be achieved.

Hardworking Americans run their households by setting a budget and then living within those means. It's time for Washington to do the same.

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