[Congressional Record Volume 141, Number 6 (Wednesday, January 11, 1995)]
[House]
[Page H187]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REVISITING THE REAGAN-BUSH YEARS
(Mr. HOYER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. HOYER. Ladies and gentlemen, I was motivated by the previous
speaker. We had a $945 billion debt in America in 1980. We changed the
checkbook and one person could have stopped spending in its tracks from
1981 to 1989, one person, Ronald Reagan, President of the United
States. We never overrode a veto of the President of the United States
from 1981 to 1992 dealing with spending in America. Every nickel that
was spent in America from 1981 to 1992 was because either Ronald Reagan
or George Bush signed the bill allowing that expenditure to go forth.
I have voted for the balanced budget amendment the last two times. I
am going to vote for it again. But spending got out of control in this
country in 1981. We sustained more debt in the last 12 years than in
all the years prior to that time.
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