the Federal debt burden on our children continues to grow. Despite all of the White House rhetoric about deficit reduction, we are still going to have a $223 billion deficit in fiscal year 1994, according to the Congressional Budget Office. The Federal debt is approaching $5 trillion. Federal spending now equals 22 percent of all the goods and services produced by Americans each year. Yet, for 2 years in a row President Clinton and the majority in Congress have supported a budget that increases spending. So much for change. During this Congress, I have voted in favor of two alternative budgets that would bring the budget much closer to being balanced than the Clinton budgets. These alternative budgets failed to pass, not surprisingly. After all, children cannot vote, and neither can babies that have not been born yet. They do not contact their Representative to speak out against paying for current programs with their future income. It is ironic that special-interest groups that claim to represent children oppose an amendment to balance our budget. A constitutional amendment to balance the budget is the only way that these future taxpayers will have a voice in the budget process today.
Editor's note · Context
Addressing the growing federal debt and budget deficits during a speech on the House floor.
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