It is now my privilege to yield 4 minutes to a member of the Ways and Means Committee, the gentleman from Massachusetts (Mr. Neal).
Jerrold Nadler
The Public Record
Jerrold Lewis Nadler is an American politician serving as the U.S. Representative for New York's 10th congressional district since 2013. A member of the Democratic Party, he previously represented New York's 8th congressional district from 1992 to 2013. Throughout his tenure, Nadler has been known for his work on issues related to civil rights, judiciary matters, and government oversight. He has played a significant role in various legislative efforts and has been an outspoken advocate for progressive policies.
I would simply point out that when S&P downgraded our debt, they were so well respected that the interest rates went down and the price of our bonds went up. So much for S&P. I now yield 2 minutes to the gentleman from Wisconsin (Mr. Kind).
I would point out that families are able to borrow to pay for the car and to pay for the mortgage. Under this amendment the Federal Government would never be able to borrow. It's quite different. Mr. Speaker, I now yield 2 minutes to the…
Since the gentleman has admitted that the balanced budget amendment would not deliver the pennant to the White Sox or the Red Sox or the Cubs, or, I suppose, the Yankees, there's no argument to the balanced budget amendment. I reserve the…
I would point out that if this amendment passed, we would never be able to borrow money to do the infrastructure that we need. I now yield 3 minutes to the gentleman from California (Mr. Garamendi).
How much time remains, please? The SPEAKER pro tempore. The gentleman from New York has 36\3/4\ minutes, and the gentleman from Texas has 1 hour and 4\1/2\ minutes.
I yield myself the balance of my time. Madam Speaker, since 1995, when this amendment was last on the floor, we proved we could balance the budget without a balanced budget amendment. But a balanced budget is not the highest goal. The…
I yield myself an additional 30 seconds. The CBO estimated, before President Obama took office, that the next year's deficit would be $1.2 trillion before he did anything. And I would remind us that nondefense discretionary spending in…
Just two comments. First of all, going back to what you were discussing a moment ago, the answer to your question is that under this amendment, 40 percent of either House could hold the entire country hostage against the other 60 percent…
I have to correct what the distinguished gentleman from Virginia said a moment ago when he said that this amendment would not affect Social Security because Social Security would be paid for by the trust fund. This amendment says the total…
The amendment is silent. All it says is ``this will happen.'' ``This must happen.'' When this must happen in our system of government, if it doesn't, or if someone thinks it's not going to, they go to court and they ask for a court order…





