Political Quotes

“it is this Senator's contention that yesterday this body missed a historic opportunity to end the Federal Government's three-decade-long addiction to deficit spending and uncontrolled debt. I know there is a difference of opinion among a number of my colleagues on that point, but nevertheless it is still the conviction of the Senator from Alaska. I think we will recall that the Republican leader indicated last evening the issue of amending the Constitution to require a balanced budget is an issue that is not going to go away. It is undoubtedly going to return next year. In my opinion, it is going to return the year after, if it is not taken care of. I predict that before this decade is over we will add this amendment to our Constitution for the very reason that we have been unable to address deficit spending, and all actions we have taken to reduce the debt have been to no avail. We all recall Gramm-Rudman I, Gramm-Rudman II, and the Budget Act of 1990. I am willing to forecast that the taxpayers out there are not going to forget the action taken last night. I think they are going to hold every one of us accountable for our vote yesterday.”