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Back to Basics with the Balanced Budget Amendment

November 3, 2011

House Chamber remarks by Congressman Tom McClintock on crafting a balanced budget amendment.

The International Monetary Fund estimated that as of Halloween night, the debt of this nation surpassed its entire economy for the first time since World War II. We all know that if you live beyond your means today you must live below your means tomorrow. That’s the tomorrow that our generation has created for the children who were dressed up as princesses and cowboys when they came calling on Monday. That is our generation’s eternal shame, and something that our generation must set right.

The House is expected soon to vote on a balanced budget amendment that is critical to stop this plunder of our children. There are a number of excellent proposals out there and I would have no trouble supporting any of them.

I do rise, however, to express the hope that the final product of these deliberations proves worthy of the wisdom that guided the drafting of the Constitution...

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