[Congressional Record Volume 141, Number 78 (Thursday, May 11, 1995)]
[House]
[Page H4798]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 ZERO DEFICIT BUDGET RESOLUTION PASSED

  (Mr. HOKE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. HOKE. Mr. Speaker, Rome burns and Nero fiddles. Since yesterday 
at this time, the national debt has increased $548 million. That is 
almost $23 million every single hour, $383,000 every single minute, 
$9,000 every second. Every newborn baby enters the world owing $17,300 
of his or her share of the national debt. That means that between 
yesterday morning at this time and today, we have on a per capita basis 
increased the debt about $2.10 each.
  Thomas Jefferson said that ``We should consider ourselves 
unauthorized to saddle posterity with our debts, and morally bound to 
pay them ourselves.'' Yesterday the Republican members of the Committee 
on the Budget, joined by one of the Democrat members of the committee, 
passed what will be a zero, goose egg, nothing, no deficit in the year 
2002, balanced budget resolution.

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