[Congressional Record Volume 141, Number 6 (Wednesday, January 11, 1995)]
[House]
[Page H182]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1110
                CONGRESS MUST LIVE WITH BALANCED BUDGET

  (Mr. KINGSTON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KINGSTON. Mr. Speaker, as taxes increase, as government 
regulations get more and more burdensome, as the bureaucracy becomes 
more and more expensive, America's middle class has had to tighten 
their belts. Even though they are out there working as hard as they 
can, year after year, because of our actions in spending in Congress, 
they have to squeeze in a little bit more.
  But now it is our turn. It is time for us to match our revenues with 
our expenses. We need to have a balanced budget amendment. Our last 
balanced budget was in 1969, and since then Congress has decided that 
it could defy gravity by spending indefinitely more money than we take 
in.
  The balanced budget amendment will put an end to this fantasy. It is 
not a new concept. State, city, and county governments all over America 
have had a balanced budget. They have to have one by law. It is now our 
turn. If we had had one all along, we would not have the $4.5 trillion 
debt we must now contend with.

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