J. Exon: “I simply say that I wish everybody who serves in Congress had his head screwed on as correctly as does the Senator from…”

“I simply say that I wish everybody who serves in Congress had his head screwed on as correctly as does the Senator from South Carolina. During all of this rancorous debate about who is to blame, I am reminded once again of that time--it must have been in 1979--when Jimmy Carter was President of the United States. I believe the Senator was on the Budget Committee and Senator Muskie served as chairman. I remember well the statement that the Senator made when the President of the United States called us down to the White House. The President was very alarmed by the fact that the deficit for that particular fiscal year was likely to go over $100 billion, and if we did not arrest what we were doing, we were going to exceed in the next year or two $1 trillion--the horrible $1 trillion figure--on the national debt.”