The U.S. Needs a Budget

Mr. SMITH of Nebraska. Mr. Speaker, at its most fundamental level, the duty of Congress is to steward the tax revenue. Lately, all Congress has been doing is spending it. Through the first 8 months of the current fiscal year, the Federal Government amassed $941 billion in deficit spending. Every penny of debt accumulated must be paid for by our children and grandchildren. Without a budget, the only spending rule is, there are no rules.

The deadline for the House of Representatives to pass an actual budget has come and passed, and we still have nothing to show the American people. The budget process can be frustrating, but that's what we're here to do, to make the tough decisions. Families, small businesses, cities and States have to put together a budget. Congress must do the same for our country. We need a practical, workable Federal budget which restrains spending and puts us on a path to solvency, economic growth and prosperity.

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