Video archive of the US Congress

House Proceeding 01-26-10 on Jan 27th, 2010 :: 2:56:00 to 2:57:55
Total video length: 3 hours 59 minutes Stream Tools: Stream Overview | Edit Time

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Bob Goodlatte

2:55:56 to 2:56:16( Edit History Discussion )

Bob Goodlatte: virginia yielding and i look forward to getting democrats now that the president's talking about some good republican ideas. mr. goodlatte: i thank the gentleman for his comments. you know, washington, d.c., has a spending addiction andt has proven to be an addiction that the congress cannot control without a balanced budget amendment requiring that it make e difficult decisions to

Bob Goodlatte

2:56:00 to 2:57:55( Edit History Discussion )
Speech By: Bob Goodlatte

Bob Goodlatte

2:56:17 to 2:56:37( Edit History Discussion )

Bob Goodlatte: balance it each and every year. we've gone in a few short years from a deficit of billions of dollars to a deficit of trillions of dollars and we're printing money at an unprecedented pace which presents risks of inflation the likes of which we've never seen. our debt is mounting rapidly and so is the waste associated with paying the interest on that debt.

Bob Goodlatte

2:56:38 to 2:56:59( Edit History Discussion )

Bob Goodlatte: yet congress has so far refused to address these unsettling problems. this is not a partisan addiction, it reaches across the aisle and afflicts both parties which is why neither party has been able to master it. we need outside help. we need pressure from outside congress to force us to rein in this out of control behavior. we need a balanced budget amendment to the united states constitution.

Bob Goodlatte

2:57:00 to 2:57:20( Edit History Discussion )

Bob Goodlatte: families across our country understand what it means to make tough decisions each day about what they can and cannot afford. according to a recent zogby interactive survey, approximately 70% of americans said they have reduced spending on entertainment in the past year, 40% have limited or canceled vacation plans due to the economic environment, 40%

Bob Goodlatte

2:57:21 to 2:57:41( Edit History Discussion )

Bob Goodlatte: have devees -- decreased spending on food or groceryings, almo 10% have either changed their education plans or chosen not to pursue education plans at all. most troubling, 16% have foregone medical treatment or prescription drugs. these numbers show how sobering our economic recession is. but they also show something more.

Bob Goodlatte

2:57:42 to 2:57:56( Edit History Discussion )

Bob Goodlatte: they demonstrate a basic principle that honest, hardworking american citizens understand, when your income drops, your spending must drop one way or the other. yet far too frequently this fundamental principle has been lost on a congress that is too

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