[Congressional Record Volume 141, Number 200 (Friday, December 15, 1995)]
[House]
[Page H14936]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           THE NATIONAL DEBT

  (Mr. KINGSTON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KINGSTON. Mr. Speaker, this is the national debt. I think we need 
to bring a little sobriety to this debate here today. 
$4,988,313,115,981.39. As Members can see, Mr. Speaker, this debt is 
too big for the camera. This debt is too big for a convenient pocket-
size chart. This debt, most importantly, is too big to pass on to our 
children. What it means to them is that in their lifetime they will 
have less income, they will pay higher interest rates, they will have a 
lower quality of life and less opportunities; but if we in the next 
week do the right thing and balance the budget, then in 7 years we can 
start paying down this horrendous number so our children can enjoy the 
great America that you and I believe in and work for. We did not get 
into this mess because of Democrats or Republicans. We have to get out 
of it because of both parties working together.

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