| 00:00:00 | YOU. |
| 00:00:01 | MR. PRESIDENT -- MADAM PRESIDENT, THE BALANCED BUDGET AMENDMENT, I THINK IS INTERESTING WHEN YOU LOOK AT SORT OF POLLS AND YOU ASK THE AMERICAN PUBLIC: DO YOU APPROVE OF WHAT CONGRESS IS DOING? |
| 00:00:11 | DO YOU APPROVE OF CONGRESSIONAL ACTION? |
| 00:00:14 | DO YOU THINK THEY'RE DOING A GOOD JOB. |
| 00:00:17 | 14% TO 15% OF THE AMERICAN PUBLIC THINK WE'RE DOING A GOOD JOB. |
| 00:00:21 | THE OTHER SIDE OF THAT EQUATION IS YOU ASK THE IN DO YOU THINK A BALANCED BUDGET AMENDMENT WOULD HELP CONGRESS DO A BETTER JOB? |
| 00:00:29 | ABOUT 75% TO 80% THINK WE WOULD DO A BETTER JOB. |
| 00:00:34 | I DON'T THINK THIS IS A PARTISAN ISSUE, BUT I'D LIKE TO ASK THE QUESTION BOTH TO THE SENATOR FROM UTAH AND PERHAPS FOR AN OPINION FROM THE SENATOR FROM TEXAS: DO YOU THINK THIS SHOULD BE A PARTISAN ISSUE OR DO YOU THINK THIS GOES BEYOND PARTISANSHIP AND CAN WE GET THE DEMOCRATS TO UNDERSTAND THIS ISN'T A REPUBLICAN-DEMOCRAT ISSUE BUT REALLY AN ISSUE FOR THE GOOD OF COUNTRY? |
| 00:00:53 | MR. |
| 00:00:54 | HATCH: THIS SHOULD GO WAY BEYOND PARTISANSHIP. |
| 00:00:55 | IF WE PASS IT HERE BY THE REQUISITE TWO-THIRDS VOTE AND WE PASS IT IN THE HOUSE -- WHICH WE WILL -- THIS WOULD BE SUBMITTED TO THE STATES. |
| 00:01:05 | AND THEN THE STATES CAN MAKE THE DETERMINATION WHETHER OR NOT WE HAVE A BALANCED BUDGET AMENDMENT. |
| 00:01:10 | THE DEMOCRATS WHO HATE THE BALANCED BUDGET AMENDMENT -- SOME OF THEM; IN FACT, MOST OF THEM -- ALL WE HAVE TO DO IS GET 13 STAYS TO DEFEAT IT -- STATES TO GHEIT IT. |
| 00:01:21 | WE HAVE TO GET 38 STATES TO WIN. |
| 00:01:26 | FRANKLY, WE WILL WIN THIS BECAUSE THE AMERICAN PEOPLE ARE WITH US. |
| 00:01:28 | THIS IS THE RIGHT THING TO DO. |
| 00:01:29 | IT'S THE RIGHT THING TO DO AT THIS TIME. |
| 00:01:31 | IT IS THE ONLY THING THAT IS GET US TO RIGHT THIS FISCAL SHIP. |
| 00:01:34 | MR. PAUL: WHAT DO YOU SAY TO THOSE WHO SAY STATUTORY CAPS WOULD WORK; SOMETHING LIKE GRAMM-RUDMAN, SOMETHING LIKE PAY-AS-YOU-GO. |
| 00:01:44 | MR. HATCH: GRAM-RUDMAN LASTED A YEAR AND A HALF, TWO YEARS BEFORE THE SAME PEOPLE WENT ON A SPENDING SPREE AGAIN, THOUGH IT WAS A LIGHT SPENDING SPREE COMPARED TO TODAY. |
| 00:01:54 | TODAY IT'S MULTITRILLIONS OF DOLLARS. |
| 00:01:56 | THAT HAS NEVER WORKED. WE'VE GOT TO PUT A STRAITJACKET INTO THIS MATTER WHERE THE CONGRESS HAS TO LIVE LIKE 49 STATES HAVE TO LIVE. |
| 00:02:02 | THERE IS ONLY ONE STATE THAT DOESN'T REQUIRE A BALANCED BUDGET IN THEIR STATE CONSTITUTIONS. |
| 00:02:08 | WHY SHOULDN'T WE HAVE A REQUISITE -- A REQUISITE DESIRE, NOT ONLY DESIRE BUT RULE TO HAVE A BALANCED BUDGET AS WELL? |
| 00:02:19 | I'M CONVINCED WE'VE GOT TO DO IT, AFTER BEING IN THE SENATE FOR 35 YEARS AND SEEING YEAR AFTER YEAR AFTER YEAR PEOPLE UNWILLING TO DO THIS. |
| 00:02:27 | MR. |
| 00:02:28 | PAUL: I THINK WHAT'S INTERESTING, IF YOU LOOK AT THIS AND YOU REALLY LOOK AT POLLING DATA AND SAY WHO IS FOR THE BALANCED BUDGET AMENDMENT, IT GOES ACROSS ALL PARTY LINES. |
| 00:02:37 | IF YOU LOOK AT INDEPENDENTS, IF YOU LOOK AT DEMOCRATS, REPUBLICANS, IT'S IN THE HIGH 60'S TO THE MID70'S IN THE PERCENTAGES OF THE PUBLIC WHO WOULD LIKE TO SEE THIS. |
| 00:02:47 | I THINK IT GOES HAND IN HAND WITH THE FACT THAT THEY DON'T THINK WE'RE DOING A GOOD ENOUGH JOB UP HERE AND WE NEED MORE BACK PWOEB AND THE CONSTITUTION -- BACKBONE AND THE CONSTITUTION IS SUPPOSED TO BE OUR BACKBONE. |
| 00:02:59 | IT HELPS US RESTRAIN THE SIZE AND GROWTH OF GOVERNMENT. |
| 00:03:03 | I CAN'T SEE AN ARGUMENT AGAINST THIS. |
| 00:03:07 | I DON'T UNDERSTAND HOW A VAST MAJORITY OF THE PUBLIC CAN BE FOR THIS AND THIS BODY REFUSES TO ACT. |
| 00:03:12 | MR. HATCH: I THINK THE SENATOR MAKES SOME VERY GOOD POINTS THERE. |
| 00:03:16 | FRANKLY, I KNOW THIS BODY VERY WELL. |
| 00:03:20 | I'VE BEEN HERE -- I'M THE MOST SENIOR REPUBLICAN. |
| 00:03:22 | I'VE BEEN HERE 35 YEARS. |
| 00:03:24 | I'VE SEEN YEAR AFTER YEAR AFTER YEAR EXCUSES TO GO INTO DEBT, EXCUSES TO DEFICIT SPEND, EXCUSES FOR WHY THEY'RE PUTTING OUR COUNTRY INTO THIS TERRIBLE STATE OF BANKRUPTCY. |
| 00:03:35 | JUST PLAIN EXCUSES. |
| 00:03:37 | OF COURSE THEY HIDE BEHIND THE FACT THAT THEY'RE TRYING TO DO IT FOR THE GOOD OF THE PEOPLE. |
| 00:03:40 | IT'S NOT FOR THE GOOD OF THE PEOPLE. |
| 00:03:43 | IT'S NOT GOOD TO LIVE -- TO NOT LIVE WITHIN YOUR MEANS. |
| 00:03:47 | UNFORTUNATELY, THAT'S WHAT'S BEEN GOING ON HERE FOR ALL OF THE TIME I'VE BEEN HERE. |
| 00:03:51 | MR. PAUL: I THINK ONE OF THE ALARMING THINGS THAT WE SEE IS THAT ON THE COURSE WE ARE TAKING NOW, IF WE DO NOTHING DRAMATIC TO REFORM THE PROCESS, IF WE DON'T PASS A BALANCED BUDGET AMENDMENT, WITHIN ABOUT A DECADE THE BUDGET WILL BE ENTIRELY CONSUMED BY ENTITLEMENTS AND INTEREST. |
| 00:04:09 | THIS IS BEING DRIVEN BY SOMETHING REALLY BEYOND THE CONTROL OF REPUBLICANS, BEYOND THE CONTROL OF DEMOCRATS. |
| 00:04:16 | OUT OF EVERYONE'S HANDS. |
| 00:04:17 | IT HAS TO DO WITH THE FACT THAT WE'RE LIVING LONGER AND THAT THERE ARE FEWER YOUNG PEOPLE AND MORE OLD PEOPLE BECAUSE A LOT OF BABIES WERE BORN AFTER WORLD WAR II. |
| 00:04:27 | THESE ARE DISEM GRAPHIC FACTS WE CAN'T ESCAPE. |
| 00:04:30 | WHEN YOU LOOK AT SOME OF THE CHARTS OF WHAT GOES ON WITH THIS, YOU'LL SEE WHAT HAPPENS IF WE DO NOTHING. |
| 00:04:34 | YOU SEE THE PROJECTED DEBT LEVELS THAT GO OUT HERE. |
| 00:04:37 | MOST OF THIS DEBT PROBLEM IS THE ENTITLEMENTS. |
| 00:04:41 | WE HAVE TO COME TOGETHER AS PARTIES -- THE BALANCED BUDGET AMENDMENT WILL HELP US TO DO THIS, BUT THEN WE NEED TO ACKNOWLEDGE THAT THESE PROBLEMS EXIST, AND WE NEED TO COME TOGETHER, BOTH PARTIES, AND FIGURE OUT SOLUTIONS. |
| 00:04:52 | BUT I THINK THE BALANCED BUDGET AMENDMENT MAY WELL BE WHAT FORCES US TO REALLY HAVE THE DISCUSSION. |
| 00:04:58 | I THINK TO BE GOOD LEGISLATE,WE NEED TO DECIDE PRIORITIES. |
| 00:05:02 | INSTEAD OF JUST ADDING ON NEW PROGRAM AFTER NEW PROGRAM, WE HAVE 80 DINCH FEDERAL PROGRAMS THAT ARE -- 80 DIFFERENT FEDERAL PROGRAMS THAT ARE WORK PROGRAMS. |
| 00:05:11 | WE NEED TO BE CONSOLIDATING AND MINIMIZING GOVMENT BUT WE HAVE TO DO T AND I THINK THE BALANCED BUDGET AMENDMENT WOULD ALLOW US TO HAVE A DISCUSSION IN THIS BODY ON WHERE WE WOULD CUT SPENDING. |
| 00:05:20 | MR. HATCH: I WANT TO THANK THE DISTINGUISHED SENATOR FROM KENTUCKY. |
| 00:05:24 | HE STATES IT VERY, VERY WELL. |
| 00:05:25 | THAT'S THE WHOLE PURPOSE OF THE BALANCED BUDGET AMENDMENT. |
| 00:05:29 | LET ME JUST THANK HIM FOR HIS COGENT REMARKS. |
| 00:05:39 | LAST WEEK I SIGNED A PLEDGE THAT MANY PEOPLE IN THIS BODY ARE HEARING |
Loading...