CongressHouse FloorSenate Floor • U.S. Capitol: 202-224-3121

April 6, 2011

We Can't Spend Money We Don't Have

[Page: H2315]  GPO's PDF 


(Mr. THOMPSON of Pennsylvania asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)

Mr. THOMPSON of Pennsylvania. Mr. Speaker, despite the heated rhetoric over the fiscal year 2011 budget and the failure to responsibly address our Nation's $14 trillion debt, there is one simple truth that we should all take away from this current budget standoff: Washington can no longer fail to deal with America's looming debt crisis as Americans continue to tighten their belts and make ends meet.

Constitutionally, all spending bills must originate in the House. In February, the House performed its duty and passed a long-term spending bill that represents tough but necessary choices we must take. Even if we all agree a program is efficient and needed, we can't spend money we don't have. At a time when the Federal Government is borrowing 40 cents of every dollar, we must be responsible stewards of the taxpayers' dollars in a manner that ensures the long-term promises and commitments the government has made to the American people are met and fulfilled.

It's time the Senate leadership do what's right. We still have a government to run and cannot adequately deal with a 2012 budget if last year's business is left hanging in the wind.

(House of Representatives - April 5, 2011)

No comments:

Post a Comment


Blog Archive

Follow by Email