NAN A. S. HAYWORTH: “If we do not change what is going on and if by the good fortune and act of providence we are able to keep this…”

“If we do not change what is going on and if by the good fortune and act of providence we are able to keep this government running with the equivalent of chewing gum and baling wire in the years to come, my son, who is now 21 months old, over the course of his lifetime as a working adult would pay over $180,000 just to service the debt alone, if things remained the same. Now some good people across the country look to our friend at the other end of Pennsylvania Avenue and say, wait a minute, did he not come on television and agree that we need to balance the budget? Well, that statement is fairly accurate as far as it goes, but once again, the problem is in the details. The same gentleman at the other end of Pennsylvania Avenue stood at that lectern 2 years ago and pledged that he would only use numbers from the Congressional Budget Office in making budget forecasts. Well, a funny thing happened in the past couple of years. I guess a young lady by the name of Rosy Scenario took up residence there in the Rose Garden because the President and his budgeteers are listening to Rosy Scenario.”