On the recordFebruary 6, 1995
there is certain language in the resolution calling for a constitutional amendment to balance the budget that I think needs some explanation and may throw some light on some aspects of our Government that we need to be informed about. Section 2 speaks of the debt of the United States. This is a section that I believe should be very strongly included because I think it gives enforcement power. It reads as follows: The limit on the debt of the United States held by the public shall not be increased, unless three-fifths of the whole number of each House shall provide by law for such an increase by a rollcall vote. Now, the particular language that I want to direct the attention of the Senate to is ``the debt of the United States held by the public.'' In the committee report, which I intend to offer in its entirity into the Record, there are explanations on various aspects of the language found in the resolution.
Source
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