it is time we put our financial House in order. We have the opportunity for the first time in a generation to do the right thing for ourselves, for our country, and for future generations. We must begin to conduct our financial affairs in this country the way families across America have for years and years. For years they have observed three very simple but unspoken rules: Number one, do not spend more money than is made. Number two, pay off debts. And number three, take care of basics. The basics for our country, Mr. Speaker, are Social Security, Medicare, national defense, and a number of other things that we could all talk about here. Our willingness to do the right thing now will pay tremendous dividends to us now and to our children and grandchildren in the future in terms of lower interest rates, and in terms of $243 billion that we paid in 1998 as interest on the national debt. If we do this now, Mr. Speaker, we will do a tremendous thing for our country, and I ask all of my colleagues in Congress to join with me in an effort to begin the debate to pay down our national debt.
Blake Moore: “it is time we put our financial House in order. We have the opportunity for the first time in a generation to do the…”
Editor's note · Context
Addressing the need for fiscal responsibility and the importance of paying down the national debt.
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