On the recordSeptember 26, 2000
I agree with the overall point of the gentleman on the debt, and he makes that point eloquently. I will also point out that we are talking about publicly held debt, just as the minority leader was speaking about publicly held debt when he talked about retiring it by the year 2012. Let me further point out that we got good lessons on stealing from trust funds in 1967 when Lyndon Johnson decided to put all the trust funds in a unified budget so he could spend them to fight a war that he did not want to tax for. We are the first Congress to finally change that and protect those funds. Lastly let me point out that he said we are spending too much since we have $5.7 trillion in debt. I agree with that. He ought to speak to the minority leader, who wants to spend even more. Let us live within these budget constraints we have so we can spend less and get closer to the goal that he pursues.
Source
govinfo.gov
