Jack Kingston: “As taxes increase, as government regulations get more and more burdensome, as the bureaucracy becomes more and more…”

“As taxes increase, as government regulations get more and more burdensome, as the bureaucracy becomes more and more expensive, America's middle class has had to tighten their belts. Even though they are out there working as hard as they can, year after year, because of our actions in spending in Congress, they have to squeeze in a little bit more. But now it is our turn. It is time for us to match our revenues with our expenses. We need to have a balanced budget amendment. Our last balanced budget was in 1969, and since then Congress has decided that it could defy gravity by spending indefinitely more money than we take in. The balanced budget amendment will put an end to this fantasy. It is not a new concept. State, city, and county governments all over America have had a balanced budget. They have to have one by law. It is now our turn. If we had had one all along, we would not have the $4.5 trillion debt we must now contend with.”