On the recordMay 11, 1995
for the first time today in 26 years, something very, very unusual has happened. That is, this morning at 1:05 a.m., the Committee on the Budget of the House of Representatives proposed a balanced budget, a balanced budget, one so that in 7 years our kids and grandkids won't be having more debt to pay off because we were not willing to face the tough task and make the tough choices now to be able to cut things back. I think this is a grand moment that we are finally addressing this most critical of problems. This year alone the Federal debt is going to $5 trillion. If we don't balance the budget, going on the current projection path we have, if we don't put our oar into the water to make this happen, it is going to be at $7 trillion by the year 2002. It is time we do it. There is only one way we are going to be able to balance the budget. That is, creating a smaller, more focused, more efficient Federal Government, one that was originally intended by the Founding Fathers, one that is not into all functions and tries to do everything for everybody but a limited government, a focused Federal Government, one I think that Thomas Jefferson would be proud of, one that I would hope that Peter Drucker, the management guru, would be proud of for its efficiency, and one most of all that I would hope the American people would be proud of for what it delivers of services of what they call on their Government to do.
Source
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