Rep. Louie Gohmert’s Statement on the Balanced Budget Amendment
Rep. Louie Gohmert (TX-01) issued the following statement after voting against the Balanced Budget Amendment in the House:
“Although I am a strong advocate of a Balanced Budget Amendment, this bill presented on the floor today does not have a spending cap. This year we witnessed the largest wave election since the 1930’s that sent dozens of new conservative freshmen to Congress – with one central charge – to stop the wasteful government spending. Following a pledge to make massive cuts in spending, it appears Congress finds it easier to talk about “new revenue” [code for “more taxes”] than to cut spending. This does not live up to the pledge we made to the American people – to restrain government and get our fiscal house in order.
President Obama has ramped up spending with the help of Former Speaker Pelosi, Leader Reid, and a majority in both Houses by over an additional $1 trillion. This is far more than the Democratic Congress increased the debt under President Bush. Can we not find enough members to return even to the liberal Democratic spending level of fiscal year 2008? It’s clear – that if we pass a Balanced Budget Amendment, without at least having a spending cap, then future Congresses will use its requirements to increase taxes in order to balance the budget.
On Wednesday, the national debt exceeded $15 trillion dollars, which left the United States with one of the highest public debt-to-GDP ratios in the world. This $15 trillion dollar mark further enhanced the uncertainty that is thwarting our economy from moving ahead. It is apparent – America is on a route headed for ruin if we continue to spend more money that we don’t have. Washington needs to stop this runaway train of spending. This President’s policies have added $4.4 trillion to the national debt – all in a fraction of the time that debt accumulated under President George W. Bush.
If we at least have a spending cap as part of The Balanced Budget Amendment, then Congress would be compelled to address this worrisome spending problem. It’s troubling that our party felt compelled to strip down the amendment to attract Democratic votes, while acknowledging at the same time that it would not pass in the House and Senate. If this amendment is not going to pass, we need to do what we know is best and right and prepare the way to pass it after the next election.”
Congressman Louie Gohmert is the Vice Chair of the Judiciary Subcommittee on Crime, Terrorism and Homeland Security. Prior to being elected to serve in Congress, Louie was elected to three terms as District Judge in Smith County, Texas. He also served as Chief Justice of Texas'12th Court of Appeals.
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