I rise tonight to encourage my colleagues to take a deep breath and slow down, because things are happening very, very fast out here. When things start happening very, very fast in Washington, D.C., what happens is we lose track and we lose sight of what is going on; and the next thing you know, the taxpayers' money starts disappearing like it has done for a generation out here, and it starts disappearing very, very fast. When this gets out of control, when spending gets out of control in this city, when we forget what had happened before 1995, we quickly get to a point where the idea of reducing taxes or paying off debt or restoring Social Security become impossibilities. So I rise tonight, and I have not done this presentation in quite some time, but I think it is important, I think it is very important that we remember where it is we are at in this Nation; and that, even though we have come a long way, we have still got some problems facing our country. This first chart that I brought with me tonight shows that the debt from 1960 to 1980 did not grow very much. But from 1980 forward, this debt has grown right off the wall. Although we made some good progress on it, now we need to remember that, even when we get to a balanced budget, we are here in this picture, and it is still a very, very, very serious problem facing our Nation.
Mark Neumann: “I rise tonight to encourage my colleagues to take a deep breath and slow down, because things are happening very, very…”
Editor's note · Context
Addressing concerns about government spending and national debt.
Share
More from Mark Neumann
It passed without a single, solitary Republican vote. I am sure the gentleman from Michigan remembers what I am talking about here. It is the biggest tax increase in American history.
The key here is as we eliminate this waste, it provides us with the dollars necessary to reduce the tax burden on the American people, while, at the same time, leaving our hands off of Social Security, which is what the Social Security…
In 3 short years, by getting spending under control, we are now running a surplus. In 1969 when we ran a surplus it was $3 billion. The surplus this year is 80 plus, so we are talking about the most significant surplus perhaps in the…
Would it be fair to say when we look at the Labor Department, they are missing $3 billion, and if we could cut out that part where they cannot find any, we could apply that $3 billion to tax reductions to the American people?





