let's talk about that Clinton budget. Clinton's budget passed when the deficit was $290 billion. The Republicans fought it tooth and nail, and didn't deliver a single vote on that budget. When it finally got down to about $10 billion, the Republicans jumped on the bandwagon just before it was going to balance, whether they agreed to it or not. They were prancing around like peacocks, like it was their idea all the while. They could get credit for ten of the $290 billion of Clinton's deficit reduction. For years, Republicans have been talking about reducing the deficit and doing nothing about it. If you look at what they did last year, they added trillions of dollars to the debt in that big, ugly bill. In fact, every Republican administration since Nixon has made the deficit worse and delivered a worse deficit to their Democratic successors and every Democrat since Kennedy has produced a better deficit. The reason we have a deficit today is because the Democrats haven't been able to clean up the mess as quick as the Republicans can make it. Now they come up with a so-called balanced budget amendment. It doesn't produce a balanced budget. In fact, it will make it more difficult to produce a balanced budget. It requires a two-thirds vote to pass the budget. Let's get serious. You are not going to balance the budget cold turkey in 1 year without tax increases.
On the recordMarch 18, 2026
Source
govinfo.govEditor's note · Context
Discussing the impact of past budgets and deficit reduction efforts during a floor speech.
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