Walter B. Jones: “bad habits are hard to break. In fact, the longer one engages in a bad habit, the harder it is to break. Deficit…”

“bad habits are hard to break. In fact, the longer one engages in a bad habit, the harder it is to break. Deficit spending is an excellent example of a bad habit. Deficit spending means spending more money than we have. This is what the Government does year after year. If we add up all of the deficit, we will find out that the national debt now stands over $5 trillion. Washington has not managed to balance the budget since 1969. The tragedy in this is that the politicians who vote to run up deficits year after year are not the ones who suffer the consequences of their spending habits. Who suffers the consequences? You guessed it. Future generations, our children and grandchildren, the children are stuck with the debt. That is not right, that is not fair to children growing up today who deserve the same opportunities that we have. Mr. Speaker, it is time to break the bad habit. It is time that this Congress pass a balanced budget.”