Political Quotes

On the recordFebruary 6, 1995
the constitutional amendment establishes a very important framework, as our forefathers established through our Constitution. We obviously take an oath of office, individually; we take an oath of office, on behalf of this institution and on behalf of the American people. So, we logically would follow up in enforcing that constitutional amendment. As the Senator was mentioning about the various pieces of legislation that have been enacted over the years in Congress, for example, in the Gramm-Rudman-Hollings to which she was referring, again, numerous adjustments were not made. It gets back to the issue of whether or not we would be able to balance the budget through the Constitution, statutory approaches. But we know the statutory approaches have already failed on numerous occasions, stretching back to the year 1921. We had the Budget Accounting Act, the Revenue Act, the Byrd Act. We have adjusted the Gramm-Rudman-Hollings Act on numerous occasions because we could not meet the requirements within that legislation for balancing the budget, believe it or not, by 1993 and then again in 1995, and in the 1990 revision of the Gramm-Rudman-Hollings. So it is clear that that has not worked.
Said by
Olympia Snowe
Republican · Maine

Editor's note · Context

Discussing the challenges of balancing the federal budget and the effectiveness of past legislation.

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