[Congressional Record Volume 141, Number 43 (Wednesday, March 8, 1995)]
[Senate]
[Page S3679]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WAS CONGRESS IRRESPONSIBLE? THE VOTERS HAVE SAID YES!
Mr. HELMS. Mr. President, let us say it again: Anyone even remotely
familiar with the U.S. Constitution knows that no President can spend a
dime of the taxpayers' money that has not first been both authorized
and appropriated by Congress.
So if you hear a politician or an editor or a commentator declare
that ``Reagan ran up the Federal debt'' or that ``Bush ran it up,''
just bear in mind that the Founding Fathers made it very clear that it
is the constitutional duty of Congress to control Federal spending.
The fiscal irresponsibility of Congress has created a Federal debt
which stood at $4,851,012,058,348.35 as of the close of business
Tuesday, March 7. Averaged out, every man, woman, and child in America
owes a share of this massive debt, and that per capita share is
$18,414.53.
____________________