On the recordMay 14, 2002
I remember one of the saddest days standing in the back of the Senate a few weeks later and watching it lose by one vote. If it had passed the Senate at that time, we could not have passed the budget last year that we passed and we would not be here tonight talking about asking for a new plan, or increasing the debt ceiling. You could have borrowed money to fight the war. That is totally permissible. Emergency. But you could not borrow the money, $750 billion, to give this generation a tax cut with our children and grandchildren's money. You could not do that, any more than State and local governments could who have to operate under a constitutional requirement. That is what we are here tonight to talk about...
Source
govinfo.gov
