On the recordFebruary 23, 1994
But GAO predicted in June of 1992 that by the year 2020 we would have in excess of 20 percent deficit relative to GDP.
Source
govinfo.govEditor's note · Context
The speaker discusses a GAO report predicting future economic deficits.
Share
More from Sen. Paul Simon
May 23, 1994
I rise in strong support of this legislation that my colleague from Illinois is handling. I agree with Senator Wofford and Senator Moseley-Braun that to say we are going to have a Commission but we are not going to fund it would be the…
Feb 28, 1994
Absolutely not. And the argument that we are taking away Presidential prerogative is not valid. The President has the obligation to submit a balanced budget. But the President may very well say, because of circumstances, we are in a…
Apr 21, 1994
first I respect the sincerity of the President pro tempore and his careful work in this body. I also respect my friend from Oklahoma, Senator Nickles. Let me point out, to just reinforce what Senator Kennedy had to say, that it is those of…
Jun 30, 2010
You face a much harsher judge . . . than this committee and that is the judgment of history.
Other voices in this conversation
