On the recordNovember 18, 2011
I thank the gentleman for yielding. Mr. Speaker, our national debt has reached a staggering $15 trillion. We're currently borrowing 43 cents on every dollar that's spent here in Washington. Think of it, 43 cents on a dollar. A trillion dollars had to be borrowed from China. Our very sovereignty is at risk when you look at numbers like that. It's outrageous. Our great Nation is on a dangerous path of fiscal irresponsibility directed by a reckless addiction to spending here in Washington. Research has consistently shown that the American people want a balanced budget amendment. In fact, a recent survey found that 81 percent of those polled support the requirement that the Federal Government balance its budget each year, just like American families have to do. Today, each of us will have the opportunity to choose sides, casting an ``aye'' vote and standing with the American people on this issue, or casting a ``nay'' vote and opposing what the American people are demanding. The balanced budget amendment is a game-changer. It will hold Congress' feet to the fire, forcing us to live within our means just as every American family and every American business must do every year. It has become commonplace for Washington to spend money it doesn't have for projects it doesn't need. This is an unacceptable position for us to be in. Our constituents deserve better. Washington's spending binge has put a wet blanket over our economy.…





