Jared Polis: “What this amendment would do is reduce the budget deficit by $285 million. It gives Congress an opportunity to say…”

“What this amendment would do is reduce the budget deficit by $285 million. It gives Congress an opportunity to say: Let's not spend more than the President of the United States wants; let's make some reasonable cutbacks to levels that are in the budget estimate already; and rather than throw subsidies hand over fist to the most profitable industry on the face of the planet, instead of rebalancing, let's move towards balancing our budget. I came here to reduce our deficit. I support a constitutional amendment to balance our budget. We haven't been able to have a vote on that in this body this session of Congress. By reducing this $285 million of expenditures where we found an area where Congress actually wants to spend $285 million more than President Obama wants to spend, let's just go back to what President Obama wants to spend, okay, rather than be even more profligate throwing money hand over the fist after a legacy industry and research that should be done by highly profitable private companies, let's simply cut it back to the level in the President's budget and move towards balancing rather than rebalancing. Mr. Chairman, I reserve the balance of my time.”