Political Quotes

Martin Hoke: “Rome burns and Nero fiddles. Since yesterday at this time, the national debt has increased $548 million. That is almost…”

On the recordMay 11, 1995
Rome burns and Nero fiddles. Since yesterday at this time, the national debt has increased $548 million. That is almost $23 million every single hour, $383,000 every single minute, $9,000 every second. Every newborn baby enters the world owing $17,300 of his or her share of the national debt. That means that between yesterday morning at this time and today, we have on a per capita basis increased the debt about $2.10 each. Thomas Jefferson said that "We should consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves." Yesterday the Republican members of the Committee on the Budget, joined by one of the Democrat members of the committee, passed what will be a zero, goose egg, nothing, no deficit in the year 2002, balanced budget resolution.
Said by
Martin Hoke
Republican · Ohio
Source
govinfo.gov

Editor's note · Context

Addressing the national debt and budget resolution during a House floor speech.

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