Hurricane Georges will undoubtedly hit either his congressional district or mine. We have reached the decision that the best place for us to be tomorrow with is with our families and with our constituents. Our Nation is $5.5 trillion in debt. We owe the Social Security trust fund $800 million. As a Nation we squander $365 billion a year, that is $1 billion a day, on interest on the national debt. Yet because for the first time in 30 years we are not borrowing money to make ends meet, we are deciding to find all sorts of new ways to give it away. That is wrong. It totally ignores national defense. This year's Republican Congress will spend $30 billion less in real dollars, in 1998 dollars, than they did in 1995 on defense. We are sending kids out in 30-year-old warships, 30-year-old helicopters, 30-year-old warplanes. The consequences of that can be dead young Americans in some future war. If we have any money left over, we need to take care of that.
Editor's note · Context
Addressing national debt and defense spending during a discussion on Hurricane Georges.
Share
More from Gene Taylor
I think everyone on this committee was very frustrated with the attitude taken under the previous Secretary of Defense (SECDEF).
it really does gripe me that when the Block 1 cruisers were retired at less than 20 years, that was a terrible waste of the taxpayers' resource.
If you were to look back 400 or 500 years, to the nations that our forefathers left, many of them in Europe, a common practice then was that children would inherit the debts of their parents. If they did not have the money to repay those…
This decision was not taken lightly, but with our coaching staff transition and several uncertainties regarding player availability, I felt it was not in our best interest to try to field a team that was not representative of Kansas State…





