Mr. Speaker, with a $500 billion deficit, it is clear that Congress must cut spending and reform our budget process. Like our predecessors in the 1980s, we must come together not as Republicans or Democrats but as Americans to share…
Mr. Speaker, with a $500 billion deficit, it is clear that Congress must cut spending and reform our budget process. Like our predecessors in the 1980s, we must come together not as Republicans or Democrats but as Americans to share equally in the cuts so that the Federal budget is brought back into balance.
We all support a balanced budget. It is the right thing to do, and it is also the moral thing to do. Our Founding Fathers created the Federal Government as a limited institution whose mission was clearly defined. Some things the Federal Government was to do well. Many things were left up to the States. When the Federal budget is out of balance, it calls into question our ability to sustain core Federal functions: defense, Federal law enforcement, and the retirement security of Americans under Social Security and Medicare.
I believe the Federal Government should fulfill its current promises to Americans currently in uniform and retirees before making any additional promises. Service in Congress is about making tough choices. For too long we have said, You get yours, I get mine and the kids get the bill. This must end.
Recently, Republican moderates and conservatives joined together on 12 budget principles. The Moderate Tuesday Group and the Conservative Action Team agreed on a surprising list of definitive budget proposals that will bring our budget back into balance even faster than the White House has proposed. What are these principles?
First, that we have automatic spending reductions if spending exceeds the amount in the congressional budget resolution. If we find that there is an uncontrolled debt above that which is set by Congress, we will have across-the-board spending cuts for all discretionary and mandatory accounts except Social Security and Medicare. Second, we have numbers in the budget that are enforceable. The current budget identifies 20 separate budget functions that are not enforced. They should be replaced with enforceable, one-page budget numbers that set four levels of spending: mandatory spending, spending on defense and homeland security, nondefense discretionary spending, and emergency spending.
Next, we should budget for emergency spending. Emergency spending requests should be included in a budget rainy-day account. Our budget should also have the force of law. The current budget resolution, which is not signed into law by the President, should be reformed into a joint budget resolution that is signed into law and enforceable under our code.
Next, we should have the protection of earned benefits, such as Social Security and Medicare, so that the automatic cuts do not fall on our retirees who worked hard, played by the rules, and are depending on the support of this core Federal function. Next, we
should show spending increases clearly. Under our current baseline budgeting, we automatically include inflation adjustments for Federal programs. This should be replaced by a straightforward comparison of last year's spending compared to proposed new spending.
Our seventh principle would block spending outside the budget. We need to update the pay-as-you-go rules in the budget that would allow a point of order to lie so that any Member could prevent consideration of a proposal that did not also include offsetting cuts to pay for itself. Our eighth principle is that we would review government programs and set up another Grace Commission, which worked so effectively in the 1980s, to eliminate wasteful and duplicative spending.
Our ninth proposal is to have an enhanced rescission power by the President so that he could identify critical programs, probably pork barrel programs, that he did not support spending on, send up a package to the Congress, which would then ensure a rapid up or down vote on the President's spending rescission proposal.
Our 10th proposal is to have a clear presentation of the government's full debts and liabilities. The Federal Government must account for its full share of accrued costs of covering pensions, retired pay, and other health benefits so we make sure that we know exactly financially where we stand.
Our 11th principle is that we should have a clear presentation of the debt owed to the public. An intergovernmental debt should be separated from other public debt in disclosures.
And our final, 12th, principle is that we need to enforce the rules of Congress. Points of order raised against proposals intended to lift the uncontrolled deficit or to waive these restrictions should be unwaiverable as several other provisions in our rules allow. This would help us control the deficit. It would help us bring this problem together, and now it is our job to reach across the aisle to make this a bipartisan proposal.