T. Gorton: “I support the Reid balanced budget amendment. I believe that Senator Reid's balanced budget amendment, like the Senate…”

“I support the Reid balanced budget amendment. I believe that Senator Reid's balanced budget amendment, like the Senate Joint Resolution 41 sponsored by Senators Simon and Craig, will put this country on the right budgetary road. I believe that without a balanced budget amendment, Congress will never come to grips with deficit spending. That is why I support both of these efforts to bring Federal spending in line with Federal receipts. I support Senator Reid's amendment because I know that legislative efforts to balance the budget will never succeed. I have been a part of such efforts. Each time, when the choices got tough, however, the President and most Members of Congress blinked. The budget deficits grew. Our children and grandchildren went deeper and deeper in debt. I also support Senator Reid's amendment because the Clinton administration has no, repeat no, plans ever to bring the budget into balance. Even under the best case scenario, the Clinton administration's budgets for the rest of the decade will bring hundreds of billions of dollars per year in new deficits. I support Senator Reid's amendment because it is better than doing nothing.”