Mr. Speaker, I yield myself such time as I may consume. America's college students, especially those who have studied math, understand that if Washington can't get its act together, their generation will be stuck paying the tab. So they have little sympathy for elected leaders who refuse to face reality by pretending that recklessly spending money we don't have will somehow translate into economic prosperity. It's time to face the simple truth: government spending won't fix our economy. America's growing debt is real, and Congress has the responsibility to deal with it. The first step must be reining in government spending by passing a balanced budget. That is why House Republicans took the lead and passed H. Con. Res. 25, the Path to Prosperity Budget. Our budget brings spending discipline back to Washington, which balances the budget in 10 years, provides for comprehensive tax reform without raising tax rates, and removes many of the regulatory barriers that prevent employers from hiring new graduates. The House Republican budget stops spending money we don't have by cutting waste, fixing our broken Tax Code, and balancing in 10 years. A balanced budget will promote a healthier economy, create more jobs for graduating students, and put more money in Americans' pockets. Our budget provides economic security for workers and families, ensures a secure retirement for the elderly, repairs the safety net, and expands opportunities for graduating students entering the workforce.…
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