there are a number of rules that people say apply here in Washington that we do not think a lot of down in Texas. The first of these is that in Washington apparently a promise is never a guarantee. We have the promise of a balanced budget, but those who have taken the grandstand the greatest portion of the time to talk about how wonderful this balanced budget agreement is, they are unwilling to give us the guarantee of a balanced budget, and that is why this piece of legislation is necessary. A second rule said to apply here in Washington is that the fact that it did not work the first time does not mean we will not try it again. This is not the first time we have had the promise of a balanced budget. It has happened over and over again. We keep trying the same old thing without having a real guarantee, an enforcement mechanism to be sure we in fact get a balanced budget. There is one gimmick after another in this proposed agreement, as proposed by both sides. If we are to achieve a true balanced budget, it will take an enforcement mechanism like this. I would suggest that there is a third rule that applies here in Washington, that we are seeing worked out here on the floor today. It is that treachery knows no limits.
Editor's note · Context
Discussing the need for a balanced budget and the shortcomings of previous agreements.
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