Randy Tate: “I rise today to strongly encourage my colleagues to support the tax limitation balanced budget amendment. I urge support…”

“I rise today to strongly encourage my colleagues to support the tax limitation balanced budget amendment. I urge support for this amendment because it is the only one requiring a three-fifths vote to raise taxes, to borrow money, or to increase the deficit. The tax limitation balanced budget amendment is essential. For too many years this Congress has funded its bloated Federal programs on the backs of our children. There has rarely been a Federal program that Congress has not liked--Washington, DC, has continually and relentlessly spent the money of American families, and seemingly with no regret. It is time we make the nasty addiction of taxation a lot harder to satisfy. Currently, the deficit is over $4.5 trillion--over $13,000 for every man, woman, and child in the United States. Mr. Chairman, your grandchildren will be paying our debt. This dangerous accumulation of debt must be brought to an end. Congress has become a fat-cat. It is time we put this one on an Ultra Slim-Fast diet. By making it harder for Congress to take the working people's money, we will force, not ask, Congress to spend taxpayers' money responsibly. Every single American lives on a budget, why shouldn't the Federal Government? Forty-nine States operate under a balanced budget, why shouldn't the Federal Government? The answer is--it should. This amendment is bold. It will be criticized. But it is needed. November 8 said something, Mr. Chairman.…”