On the recordJuly 19, 2011
I thank the gentleman from Ohio for that. Folks, reforms like a balanced budget amendment, coupled with spending caps and significant spending cuts, are the types of revolutionary reforms that can prevent our children and grandchildren from inheriting mountains of debt. Passing off the debt problem to them may be the easy way. But it is not the American way, and it's definitely not the Christian way. As President Reagan said, ``You and I, as individuals, can, by borrowing, live beyond our means, but only for a limited period of time. Why, then, should we think that collectively, as a Nation, we're not bound by that same limitation? We must act today in order to preserve tomorrow.''
