On the recordJune 29, 2011
Gramm-Rudman lasted all but a year and a half, 2 years, before the same people went on a spending spree again, although it was a light spending spree compared to today. Today it is multitrillions of dollars. I have to tell you that has never worked. We have to put a straitjacket into this matter where the Congress has to live the way 49 States have to live. There is only one State that doesn't require a balanced budget in its State constitution. Why should we have a requisite desire--not only desire but rule to have a balanced budget as well? I am convinced that we have to do it after being in the Senate for 35 years and seeing, year after year after year, people unwilling to do this.
