Political Quotes

“I rise today in strong support of the Balanced Budget Amendment to the Constitution. Amending the U.S. Constitution is a serious matter, and one that I take seriously. It is unfortunate that Congress must consider a constitutional amendment to balance the Federal budget. What is more unfortunate is the fact that Congress cannot control it's propensity to spend more than the Nation takes in. This habitual spending has created a $4.3 trillion national debt; debt that we will pass down to our children and our children's children. Last week, this body continued in this tradition by approving the fiscal year 1995 Budget Resolution which assumes deficit spending of $171 billion--that's another $171 billion bill that we will foist on the back's of the future generations of Americans. Many organizations and interest groups have come out in opposition to the idea of a Balanced Budget Amendment, claiming that important federal programs will be harmed and that future economic growth will be hampered. These groups have even resorted to scare tactics directed toward the elderly, claiming the Social Security Trust Fund will be robbed; this couldn't be further from the truth. These claims are not only ridiculous, but are unfounded. If Congress was forced to be fiscally responsible by a constitutional requirement to balance the budget, funds would be freed-up that currently go toward servicing the debt.”