On the recordFebruary 10, 1994
Japan told Nixon, ``We will buy your products.'' Japan told Ford, ``Don't worry.'' Japan told Carter, ``We will buy spare parts for our cars in America.'' Japan told Reagan, ``We will do better.'' Japan told Bush, ``We will even honor our side bar agreements.'' Japan now tells Clinton, ``We will change.'' Members, the trade deficit with Japan is $54 billion, and our trade program in America is a joke. And Japan is laughing all the way to the bank. There is only one way Japan is going to change. They are going to have to get hit in the wallet. Let me say this, Congress, $54 billion is no small change. It is time for Congress to get in the back pocket of Japan.
Source
govinfo.gov
