Orrin Hatch: “I wish to thank the distinguished Senator from Kentucky. I think he states it very well. That is the whole purpose of…”

“I wish to thank the distinguished Senator from Kentucky. I think he states it very well. That is the whole purpose of the balanced budget amendment. So I thank him for his cogent remarks and his erudition. Last week, I signed a pledge that many people in this body are hearing about from their constituents. It is called the cut, cap, and balance pledge. Those of us who signed this pledge committed ourselves to significant spending cuts, a cap on government spending, and a balanced budget amendment to the Constitution as a condition for supporting any increase in the debt limit. I was pleased to work with my colleague from Utah, Senator Lee, in developing a balanced budget amendment that is supported by every Republican in this body. Of course, we worked with many others as well, especially Senator Cornyn. I am now pleased to be working with him on the goals of the cut, cap, and balance coalition, a remarkable group of grassroots activists committed to getting our Nation's spending under control. Madam President, I yield 5 minutes to my friend and colleague from Utah, Senator Lee.”