Balancing the budget is not about baseline and sequesters. To quote the Cowardly Lion from the Wizard of Oz, it is about courage. Let me tell you what he might say about this debate: What makes a king out of a slave: Courage. What makes the flag on the mast to wave? Courage. What makes the elephant charge his tusk, in the misty mist, Or the dusty dust, What makes the muskrat guard his musk? Courage. What makes the Sphinx the seventh wonder? Courage. What makes the dawn come up like thunder? Courage. What makes the Hottentot so hot? Who put the ape in apricot? What have they got that I ain't got? Courage! Mr. President, the Cowardly Lion finally got his courage. Now, we ought to get a little. We do not need a constitutional amendment to balance the budget. There are only three ways to lower our budget deficit--cut spending, raise taxes, or a combination of both. And the last time I looked, Congress has all the constitutional authority to do these.
Editor's note · Context
Leahy discusses the balanced budget amendment and the need for courage in addressing budget deficits.
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