Political Quotes

On the recordMay 11, 1995
we have all been receiving phone calls and getting letters about the proposed budget that is being recommended now or being talked about and marked up in the respective committees in the Senate and House of Representatives. We have had time to talk to the chairmen of those committees and get copies of the proposal that they have put forth. In other words, the great debate has started on this year's budget. I think we have to applaud the chairman of each committee because they have come forward with very daring proposals. I applaud the chairmen, especially Senator Domenici of the Senate Budget Committee. When you look at our deficit spending we see, yes, that the deficit did become lower last year. It went down. But it now continues to climb. The deficit this year alone stands at $175 billion, and for a while. But, nonetheless, it is growing at the outrageous rate of $482 million a day. That sounds like a lot of money to me. So, consequently, it is time for this body and this Government to do something responsible and to deal very frankly with the budget, to be up front about it, and to try to address some of the problems that we have because I think most Americans are wanting something done to rein it in. It is absolutely necessary if we are to continue the economic viability and the leadership in this world for our Nation.

Editor's note · Context

Discussing the proposed budget and the growing national deficit.

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