Congress must enact a structurally balanced budget, cut spending, dramatically reduce our national debt, reform our regulatory system, and cut taxes. These steps will put America on a fiscally responsible path that we can be glad to leave to future generations. We have a long way to go but I will never give up on finding ways to get our economic house in order.
To make this point, I have introduced legislation, cosponsored by more than three dozen of my colleagues, calling upon our leadership to immediately take steps to balance the budget.