That is why I am introducing legislation to put in place a common-sense solution that links the process of prioritizing government spending with how the government pays its bills. Unlike previous rules that only focused on the House budget process, my legislation would require both the House and the Senate to pass a budget before the debt ceiling could be acted on.
This is a starting point for a return to fiscal responsibility. It will return Congress to regular budgeting and eliminate arbitrary debt ceiling increases. Furthermore, it will keep Congress and the president within an agreed-upon spending level for the year instead of continuing down this unsustainable path of endless spending and reckless borrowing.
To do this, we will need leadership from the president. He will need to put forth a responsible budget and bring the Democrat-controlled Senate to the budget negotiating table.
Together, this can be a plan for responsible governance that will bring economic certainty to the markets and signal a renewed desire to plan and then spend.
Rep. Darrell Issa, R-Calif., represents the 49th District and is chairman of the Oversight and Government Reform Committee.