I rise in support of House Joint Resolution 103, the balanced budget amendment. I support the basic concept of balanced budgets. My record is clear on that both in votes here in the House and in the Budget Committee. The debate here today and in the other house last week on this issue has focused on several particular objections that people have to provisions of the balanced budget amendment. There are three, I think, that have come up regularly: First, that the amendment would create a supermajority; second, the provisions of waiver, just what and how the Congress could in fact waive the provisions of this amendment; then, third, whether or not this amendment would really be enforceable. Now, I have to tell you that I can agree with many Members who have spoken, that these are perils. I agree there are risks. I agree perhaps there are refinements needed.
William Orton: “I rise in support of House Joint Resolution 103, the balanced budget amendment. I support the basic concept of balanced…”
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Discussing support for House Joint Resolution 103, the balanced budget amendment.
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