On the recordMarch 29, 2000
I am in total agreement with this legislation and somewhat in disagreement with what the gentleman from Wisconsin is saying. I, first of all, applaud the gentleman from Pennsylvania (Mr. Toomey) for what he has done here. He has made us focus on this, not as something which happens if we do not appropriate the money but as an overt action by which we are segregating that money and saying we are now going to retire debt of the United States of America. My judgment is this is something that should have happened a long time ago. Unfortunately, I am not as enthusiastic about the underlying bill, which I think has some problems with it, including the President not making his case to the Congress on parts of it, and parts of it, in my judgment, not being an emergency process and probably better going through the normal appropriations process. But be that as it may, the Toomey effort is perhaps the most important aspect of this overall legislation. By reducing debt we limit our expenditures.
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