Nathan Deal: “I extend my appreciation also to the Members from across the aisle, including the gentleman from Colorado [Mr.…”

“I extend my appreciation also to the Members from across the aisle, including the gentleman from Colorado [Mr. Schaefer], and I thank the gentleman from Texas [Mr. Stenholm], on the Democratic side for his leadership in undertaking this effort to pass the balanced budget amendment. We are going to hear a lot of reasons over the next few days and into next week as to why this balanced budget amendment should be passed. Many of the Members who will speak are like me; they come from a legislative background, working in State legislatures, and most of those legislatures have constitutional requirements in their States that say that they cannot spend more money than they take in in revenue. My State of Georgia is one of those that has such a constitutional requirement, and I have had the privilege of serving on the budget committees and on the appropriation committees of our State and have faced the possibility of actually being called back into special session after having passed a legislative budget anticipating revenue and then finding some 6 months into the legislative year that the revenues were not coming in as rapidly as we had anticipated.”