I offered, along with Senator Clair McCaskill, my Democratic colleague, an amendment that will help contain our tendency in this body--a bipartisan tendency, unfortunately--to bust the budget, to spend more than we state we are going to spend. It is a temptation that is all too real. We are faced with competing choices to spend and spend, and some of our Members just find it hard to say no. We have to be careful about that because each time we do that, the baseline of the budget or the emergency spending goes up, and we have gotten into a habit of it that is surging us on an unsustainable path. Mr. Bernanke, the head of the Federal Reserve, the Obama administration's leaders, independent economists, and Republicans across-the-board are saying we are on a spending path that is unsustainable, that we cannot keep on. But I have to tell you, a lot of this is bad because we budgeted it; but a lot of it is bad because we break the budget and spend more than the budget says.
On the recordMarch 17, 2010
Source
govinfo.govEditor's note · Context
The speaker discusses the need for budgetary discipline and a proposed amendment to limit spending.
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