[Congressional Record Volume 141, Number 16 (Thursday, January 26, 1995)]
[House]
[Page H694]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  0910
                   DAYS OF DEFICIT SPENDING NEAR END

  (Mr. BALLENGER asked and was given permission to address the House 
for 1 minute.)
  Mr. BALLENGER. Mr. Speaker, my colleagues on the other side of the 
aisle are constantly asking us how are we going to balance the budget 
by 2002.
  But a more pertinent question is when do my liberal, big-spending 
colleagues on the other side of the aisle plan to balance the budget? 
If you do not think it should be done by the year 2002, 7 years from 
now, when do you think it should be done? Isn't a $5 trillion debt 
enough?
  The Democrats do not want a balanced budget amendment for one reason. 
They want Americans addicted to big Government because they are the 
party of big Government.
  You know, I think it is important to address the moral dimension of 
deficit spending. Thrift, frugality, and deferred gratification are 
virtues. But deficit spending is a vice that has been used by big-
spending politicians as just another incumbent-protection device. In 
the words of Harry Hopkins, they would ``borrow and borrow, spend and 
spend, elect and elect.''
  But those days are about to end, Mr. Speaker.
  

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