[Congressional Record Volume 140, Number 104 (Tuesday, August 2, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: August 2, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
          IS CONGRESS IRRESPONSIBLE? YOU BE THE JUDGE OF THAT

  Mr. HELMS. Mr. President, anyone even remotely familiar with the U.S. 
Constitution knows that no President can spend a dime of Federal tax 
money that has not first been authorized and appropriated by Congress--
both the House of Representatives and the U.S. Senate.
  So when you hear a politician or an editor or a commentator declare 
that ``Reagan ran up the Federal debt'' or that ``Bush ran it up,'' 
bear in mind that it was, and is, the Constitutional duty and 
responsibility of Congress to control Federal spending. Congress has 
failed miserably in that task for about 50 years.
  The fiscal irresponsibility of Congress has created a Federal debt 
which stood at $4,636,361,778,400.62 as of the close of business 
Friday, July 29, the most recent day that information was available 
this afternoon. Averaged out, every man, woman and child in America 
owes a share of this massive debt, and that per capita share is 
$17,783.53.

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