[Congressional Record Volume 141, Number 92 (Wednesday, June 7, 1995)]
[Senate]
[Pages S7801-S7802]
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, there is no requirement that one has to be
a rocket scientist to know that the U.S. Constitution forbids any
President's spending even a dime of Federal tax money that has not
first been authorized and appropriated by Congress--both the House of
Representatives and the U.S. Senate. [[Page S7802]]
So when you hear a politician or an editor or a commentator declare
that ``Reagan ran up the Federal debt'' or that ``Bush ran it up,''
bear in mind that the Founding Fathers, two centuries before the Reagan
and Bush presidencies, made it very clear that it is the constitutional
duty of Congress--a duty Congress cannot escape--to control Federal
spending--which they have not for the past 50 years.
The fiscal irresponsibility of Congress has created a Federal debt
which stood at $4,904,368,578,709.58 as of the close of business
Tuesday, June 6. This outrageous debt, which will be passed on to our
children and grandchildren, averages out to $18,617.07 on a per capita
basis.
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