On the recordNovember 17, 2011
No, I very definitely do not share the view offered by my good friend and colleague from Virginia (Mr. Scott). The fact of the matter is the downgrade that we received in the bond ratings was due to the fact that we have a $15 trillion debt and the Congress has not come to agreement on sufficient reductions in that debt to satisfy the bond rating agencies. A balanced budget amendment to the United States Constitution is exactly what's needed to put that kind of pressure on the Congress to make real and meaningful reductions in our deficits. The SPEAKER pro tempore. The time of the gentleman from Michigan has again expired.
