if an average American were to pile up huge debts and engage in reckless financial behavior, that person would eventually be held accountable, either by the law or by his creditors. But here in Washington, somehow, the reverse is true. The Federal Government has become immune to accountability. They have racked-up trillions in debt and yet continue their irresponsible spending. Unfortunately there is a price for all this irresponsibility. That price will be shouldered by average Americans who are not responsible for the failed policies of the past. If we do nothing to remedy the out-of-control spending here in Washington, our children will suffer a very dim future. It does not take a rocket scientist to figure out that spending more than you earn is not the wisest thing--especially in the long run. And, it does not take a wizard to fix the budget. All it takes is commonsense, determination, honesty, and a realization that we simply cannot continue with the old Washington way of doing things.
Walter B. Jones: “if an average American were to pile up huge debts and engage in reckless financial behavior, that person would…”
On the recordMay 9, 1995
Source
govinfo.govEditor's note · Context
Addressing government spending and accountability during a floor speech.
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