[Congressional Record Volume 141, Number 20 (Wednesday, February 1, 1995)]
[Senate]
[Pages S1865-S1866]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BALANCED BUDGET AMENDMENT
Mr. THOMAS. Mr. President, I come to the floor to talk about the
subject that is before the Senate this week, and I suppose next week
and possibly the week after, the balanced budget amendment. I think we
will have extended debate, probably longer than we need, some of which
will be to talk about options, some of which will be to talk in real
debate about differences in view, but much of it will simply be
designed, I think, to delay action on what I think to be a very
important issue. So, it will be difficult to focus on new information.
It seems to me there is a very basic question that has to be asked
first, before all the detail is entered into and that is, is it morally
and fiscally responsible to spend more than we take in? I think that is
the question that most Americans ask of their Government: Can we
continue to spend more than we take in? Is it morally wrong to spend
more than we take in, to transfer that debt to someone in the future? I
think Americans ask, is it fiscally responsible to continue to spend
more than we take in? The answer, obviously, ``is no,'' it is not
morally responsible, it is not fiscally responsible. So, that is the
basic question. And most everyone would answer that the same.
Then we get into a great debate about how we do it. I support a
balanced budget amendment. I believe very strongly that it needs to be
done. I believe very strongly that it has worked in the States. What
are the arguments against it? We hear them time and time again. One of
them is it is not needed. The evidence is it is needed. This Congress
has not balanced the budget. It has not balanced the budget in 26 years
and only balanced it five times in 50 years.
So the evidence is that, sure, we can balance the budget. The fact is
that Congress does not. The fact is, it is a little easier to say we
like the programs; if we can put it on the credit card, we will do it.
If we have to pay for it, it is a different matter. Then it is a matter
of setting up priorities. Then it is a matter of a cost-benefit ratio,
and we hear, ``Here is what it costs. Here is the value.'' The decision
may be different than saying ``Here is the value. We do not have to pay
for it now.''
Some say it is not needed. I suggest that the evidence would indicate
that it is. Some say we already have the tools; we can do it this year.
Certainly, that is true. Again, the evidence shows that that has not
happened. It is very difficult. I am persuaded that there needs to be a
constitutional discipline to balance the budget on a continuing basis.
Some say it is too strict, it is too confining. It does not need to
be. There are arrangements that in case of emergencies--some say in
case of war--it can be changed, of course. It can be changed by a vote
or supermajority vote or written into the amendment that it is changed
under certain circumstances.
Again, I say to Members that almost all of the States in this country
have balanced budget amendments. In my State of Wyoming it is in the
constitution, and it is not troublesome for that reason. We heard an
extended argument earlier this week on how courts and judges would be
deciding. The evidence does not show that in the area where we have had
a balanced budget amendment in the States. The courts do not do the
budgeting. That is, I think, not a good reason for not moving forward.
[[Page S1866]] Mr. President, the balanced budget amendment is one of
the several procedural changes that seem to me to be imperative.
Several of the changes were clearly in the mind of voters in November,
changes that will have a long-term impact, not just on this year's
decisions in the Congress, but an impact on the way Congress behaves
over time. That is the more important question.
We keep expecting different results and continue to use the same
process. There is really little reason to expect that results will be
different if we continue to do the same thing. We need a forced
discipline. We need an external constraint. I think that is true of
most political bodies, frankly. Politicians love to be able to provide
programs. Politicians love to be able to solve problems. Politicians
sort of get to where they like to have problems to resolve for their
constituents. A man with a hammer thinks every problem is a nail.
We need some constraint, some constitutional discipline. The Federal
debt is nearly $5 trillion, over $18,000 for every person in this
country. We spend $800-plus million per day in the gross interest
payments.
So we have a moral imperative to balance the budget for people in
Wyoming and people in every other State. Families have to balance,
businesses have to balance, States, by and large, have to balance, and
the Federal Government should have to balance as well and not pass off
the debt on its children and grandchildren.
Opponents say, ``We already have the tools.'' The evidence shows that
we do not. The Federal Government has spent more than it has taken in
for 55 of the last 63 years. Not a good record--not a good record--and
not a good basis for saying we do not need to do anything.
So, Mr. President, I am sure we will hear about draconian cuts. The
fact is that what we have to do is slow the growth. We have been
increasing spending at 5 percent. Say we increase it only at 2 percent.
So I hope as we go forward, we can continue to make some points about
the balanced budget, but the bottom line is, should we do it and, if
so, what has to take place to require that the balanced budget be used
in the Congress and be used for Federal spending.
Thank you, Mr. President. I yield back the remainder of my time.
The PRESIDING OFFICER. Under a previous order, the Senator from Utah
[Mr. Bennett] is recognized to speak for up to 15 minutes.
Mr. BENNETT. I thank the Chair.
(The remarks of Mr. Bennett, Mr. Bumpers, and Mr. Johnston
pertaining to the introduction of S. 309 are located in today's Record
under ``Statements on Introduced Bills and Joint Resolutions.'')
The PRESIDING OFFICER. The Senator from Alaska.
Mr. MURKOWSKI. Mr. President, it is my understanding that I am to be
recognized in morning business.
The PRESIDING OFFICER. Yes. Under a previous order, the Senator from
Alaska is recognized to speak for up to 15 minutes.
____________________