Madam President, I rise in support of Senator Sessions' motion to recommit on a balanced budget. I think it is important that we have a balanced plan before us, as we have talked about a lot today, but that means balancing the budget, just as we ought to do in our families and people have to do in their businesses. States all around the country have to do it. Local governments have to do it. Let's stop spending more than we take in. We can do it over time and without making the kind of severe cuts that were alleged earlier. We can do it by growing the economy and restraining spending. So I am happy to stand in support of that. I stand here because I am worried about where we are headed. Our debt now is about $140,000 per household. Think about that. For all of the folks watching today, on average, $140,000 is what every household in America owes on this debt. This is now something that, in my view, can put us in a perilous situation. Our economy is already weak and we have this huge debt and deficit, which is something that worries me. I think our country is in trouble. The Democrats have a proposal. Their budget is before us now and this is what we are talking about. It adds another $7 trillion to that debt. It actually doesn't deal with our budget problems. In fact, it actually makes them worse, which I will talk about soon. Let me for a minute, if I could, talk about where we are.…
Share & report
More from Rob Portman
Mr. President, I thank my colleague from Ohio, Senator Brown, and I thank him for working with us on this bipartisan legislation that impacts thousands of retirees in our home State of Ohio. In the summer of 2009, as the Federal Government…
I am coming to the floor again this evening to talk about the tragedy that is unfolding in Ukraine. This is the ninth week in a row during sessions that I have come to the floor to talk about the brutal and unprovoked Russian invasion of…
Before we talk about Ukraine, this has been a time over the last couple of weeks since we were last here in session of a lot of change and volatility around the world. I want to begin by expressing my shock and sorrow over the…
Mr. President, I come to the floor this evening to talk about the partisan reconciliation legislation that is before us tonight. It is named the Inflation Reduction Act, but that is misnamed because, unfortunately, it does not reduce…





