The House has done very well. Now we need to finalize our ambitions, get these bills enacted into law. You know, it should be frightening to everybody in this country, how big this Government has gown to be. After World War II, in 1947, we were spending 12 percent of our gross domestic product to run the budget of the United States. That is what we spent as a percentage of gross domestic product, 12 percent. Today we are almost twice that. Every day the United States writes out over 3,200,000 checks. Can you imagine a government, in talking to Secretary Rubin, Treasury is not even sure of all of the points that they make these electronic transfers, these payments, these checks? But the estimate is someplace around 12,000 different locations.
Nick Smith: “The House has done very well. Now we need to finalize our ambitions, get these bills enacted into law. You know, it…”
Editor's note · Context
Discussing government spending and budget concerns.
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