let us get clear what we are voting on today in the Balanced Budget Act. We are talking about the spending side of the equation. Tomorrow we are going to talk about the tax side of the equation. Because tomorrow we are going to vote on massive amounts of middle-class tax relief. But today we are talking about the spending side of the equation. What we are talking about today is reining in the fiscal irresponsibility and spending that takes place here in Washington. When I first ran in 1992, I ran because it was a moral issue to me that this Government was building up an obscene and immoral debt that we were going to pass on to our children and grandchildren. It was wrong to build up a debt that today is over $19,000 for every man, woman, and child in the United States because we just overspend in Washington. The way we go about solving that problem is reining in the Federal Government. I was pleased to be able to serve on the Committee on the Budget with the gentleman from Ohio [Mr. Kasich] back in 1993 and 1994. As a minority back then, we introduced a budget resolution that was called cut spending first because we recognized that is where the problem is. It is not that we tax too little in this country. It is because we spend too much. And what this bill is today is $700 billion of entitlement savings over the next 10 years. It needs to be done in a bipartisan fashion.
Jeff Miller: “let us get clear what we are voting on today in the Balanced Budget Act. We are talking about the spending side of the…”
Editor's note · Context
Discussing the Balanced Budget Act and the need to address government spending.
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