I rise today to propose a resolution that will force this body to put its money where its mouth is. Odds are we will soon vote on the balanced budget amendment. And odds are it will pass, as we all know that it failed in the other body and our votes on it this year will therefore be irrelevant. It is odd that a gimmick like the balanced budget amendment will be able to garner enough votes for final passage, but a real step towards reducing our deficit like the Penny-Kasich amendment, which would have cut spending $90 billion over the next 5 years, failed. By debating the balanced budget amendment, and by supporting it knowing that our votes are meaningless, we deceive the American people into thinking that we are actually doing something about the deficit when the sad truth is we are not. Today I introduce the Real Balanced Budget Act, or the put your money where your mouth is act. It will force us to actually balance the budget 2 years in a row before we can talk about any constitutional amendment. It will ensure that we make substantive cuts and not just great-sounding, but empty, speeches. Support the Real Balanced Budget Act. Put your money where your mouth is.
Editor's note · Context
Introducing the Real Balanced Budget Act and criticizing the balanced budget amendment.
Share
More from Marjorie Margolies-Mezvinsky
Mr. Speaker, I rise today to ask that when the time comes to vote on the previous question, I hope that you will join with me to defeat this, so that the rule might be amended so that I may offer my amendment. This amendment would require…
I rise this morning to applaud the other body for passing the procurement goals for small business concerns owned by women amendment to the Federal Acquisition Streamlining Act of 1994. I applaud Senators Kay Bailey Hutchison and Carol…
this has been a difficult winter for many people, from the citizens of California whose lives were devastated by the California earthquake to people who, for lack of money, cannot afford to heat their homes during the cold snap in the…





