William Helms: “for about 3 years I have been making daily reports to the Senate regarding the exact Federal debt as of the previous…”

“for about 3 years I have been making daily reports to the Senate regarding the exact Federal debt as of the previous day. We must pray that this year, Federal spending will begin to be reduced. Indeed, if we care about America's future, Congress must face up to its responsibility to balance the Federal budget. As of the close of business yesterday, Wednesday, March 8, the Federal debt stood (down to the penny) at $4,848,281,758,236.20, meaning that on a per capita basis, every man, woman, and child in America owes $18,404.16 as his or her share of the Federal debt. It's important to note, Mr. President, that total Federal debt a little over 2 years ago (January 5, 1993) stood at $4,167,872,986,583.67--or averaged out, $15,986.56 for every American. During the past 2 years (that is, during the 103d Congress) the Federal debt has escalated by more than $6 billion, which illustrates the point that so many politicians talk a good game at home about bringing the Federal debt under control, but vote in support of bloated spending bills when they get back to Washington. If the Republicans do not concentrate on getting a handle on this enormous debt, their constituents are not likely to overlook it 2 years hence.”