On the recordJuly 19, 2011
I would again remind my colleagues that the last time we were running a budget surplus was during the years of the Clinton administration. During that period of time our spending was at a level that was higher than the limitation in here, and we were paying our obligations. What this would do would create an anti- majoritarian, anti-democratic provision in the Constitution that says you can't balance your budget at 19 percent of GDP, even if that's the will of the American people, even if it's how we did it back during the Clinton administration. Mr. Speaker, I yield 2\1/2\ minutes to the distinguished gentlewoman from Florida (Ms. Wasserman Schultz), a member of the Budget Committee.
