Rand Paul: “every American family must balance its own family's budget, and voters wonder why Congress never balances its budget.…”

“every American family must balance its own family's budget, and voters wonder why Congress never balances its budget. The Democratic budget before us will add $15 trillion of debt over the next decade. The Pennies Plan budget, which is consistent with the balanced budget amendment that most Republicans have voted for, balances the budget in just 5 years. When I first introduced this budget a few years ago, all you had to do was cut one penny over 5 years, and the budget balanced, but as Congress has blown through the budget caps, it has become much more difficult. Last year, it was two pennies--a 2-percent cut per year to balance in 5 years. Now it is a three-penny plan, and you have to have a 3-percent cut, but it is still foreseeable that we could balance our budget. It is the right thing to do. It is good for America. It will make us a stronger country to leave for our kids and our grandkids, and I urge a ``yes'' vote. The PRESIDING OFFICER. Does any Senator seek recognition in opposition? Vote on Amendment No. 1 The PRESIDING OFFICER. The question is on agreeing to the amendment.”