A short time ago, the President issued an administration policy statement saying that he would veto Cut, Cap, and Balance. I appreciate the President's offering a moment of clarity. He said: ``Instead of pursuing an empty political statement and unrealistic policy goals, it is necessary to move beyond politics as usual and find bipartisan common ground.'' All we ask is that we balance our budget. For the President to suggest that balancing our budget is not common ground does provide clarity. This President has no plan to balance our budget. The budget that he submitted never balances. In fact, it doubles and triples the debt. We're asking that if the President wants to raise the debt ceiling, we must solve the underlying problem; and the underlying problem is we're borrowing, taxing, and spending too much money in this country. The President says, ``passing a balanced budget amendment that, in the years ahead, will likely leave the Nation unable to meet its core commitment of ensuring dignity in retirement.'' Mr. President, if we don't balance this budget, if we don't take care of our debt, if we don't pay off our debts, this country will be bankrupt. We're spending and borrowing too much money. We can no longer borrow 40 cents out of every dollar in this country. That's why we must pass Cut, Cap, and Balance. Announcement by the Speaker Pro Tempore The SPEAKER pro tempore (Mr. Simpson). Members are reminded to address their remarks to the Chair. ____________________
On the recordJuly 18, 2011
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