William Helms: “more than 3 years ago, I began daily reports to the Senate to make a…”

On the recordJune 5, 1995

more than 3 years ago, I began daily reports to the Senate to make a matter of record the exact Federal debt as of close of business the previous day. As of the close of business Friday, June 2, the exact Federal debt stood at $4,902,882,032,835.06, meaning that on a per capita basis, every man, woman, and child in America owes $18,611.42 as his or her share of the Federal debt. It is important to note, Mr. President, that the Senate had an opportunity to implement a balanced budget amendment to the Constitution. The Senate failed by one-vote in its first opportunity to bring the Federal debt under control. There will be another opportunity in the months ahead.

Said by

William Helms

Republican · New Jersey

Source

govinfo.gov

Editor's note · Context

Discussing the Federal debt and the Senate's failure to pass a balanced budget amendment.

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William Helms: “more than 3 years ago, I began daily reports to the Senate to make a matter of record the exact Federal debt as of close…”

Editor's note · Context