Mr. Chairman, this is a very, very important consideration. Earlier it was suggested that other States do it, but they find means of borrowing money. Mr. Chairman, in my State of California it requires a two-thirds vote to take people's property by way of taxation. Never would our Founding Fathers have dreamed how easy it would become for the Congress to take people's property by way of the taxing system. We have gotten to the point where it is just a simple matter: Borrow it, have our grandchildren pay for it. Nothing will get us off this track but to require an extra majority. It will force a bipartisan approach in this process, as we consider the prospect of spending and, in the process of spending, taking people's property. It is a very, very important item. I commend my colleagues for bringing forth this measure.
Editor's note · Context
Discussing the importance of requiring a supermajority for taxation and property rights.
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