It is very fitting today that we are considering this bill. It is the same week that the President released the final budget of his administration--a budget that would add nearly $2.6 trillion to our national debt over the next 5 years. In fact, this President has never submitted a budget to Congress that would balance. Few Americans may realize this, but just last week, our national debt reached $19 trillion--Mr. Chairman, $19 trillion. When the President came into office in 2009, the debt stood at $10.6 trillion. That is nearly doubling our national debt in just 7 years' time. Mr. Chairman, we are on a high-speed train, careening towards a fiscal cliff. Soon it may be too late to slow this train down. If I could, in the name of all that is fiscally sane, I would enact an amendment to the Constitution right now requiring us to balance our budget. But, unfortunately, Mr. Chairman, our Constitution requires two-thirds of our colleagues here in Congress to approve that amendment, which history and previous votes on constitutional amendments have shown is a very difficult bar to reach. While this measure may not be the balanced budget amendment that our country desperately needs and deserves, it will help draw a very clear line of distinction in the sand. Mr.…
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We've got so many challenges facing this country. I really think we need to look forward and address those things instead of being distracted.





