while I have not heard many cries of Happy New Year or singing of Auld Lang Syne, today is New Year's day for the Federal fiscal year. This is day number one, and we find ourselves in this new year with the Government being able to operate only because a stop-gap emergency measure was approved earlier this week. As we begin this new year, the Federal Government is supposed to have some 13 appropriation bills approved for its normal operation. Fewer than half of those at this late date have even been sent to the President. The measure that funds all of our Federal education programs, our health research, a number of other very important programs for seniors, and for Americans of all ages, that bill has not even been presented for consideration on the floor of this House, much less sent to the President. I have just come from a press conference with the Concord Coalition with the national debt clock, which displays by the second how the national debt continues to rise. Billions of dollars of new national debt are being incurred as we fail in the Congress to deal responsibly with our budget.
Editor's note · Context
Addressing the federal budget and appropriations during a speech on the first day of the fiscal year.
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