[Congressional Record Volume 142, Number 1 (Wednesday, January 3, 1996)]
[House]
[Page H11]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          BALANCING THE BUDGET

  (Mr. SHAYS asked and was given permission to address the House for 1 
minute.)
  Mr. SHAYS. Mr. Speaker, we spend a billion dollars a day just on 
interest on the national debt. We are elected by adults to represent 
the children and future generations. We have the opportunity of a 
lifetime to balance our Federal budget and to get our financial house 
in order.
  Since the Vietnam war the national debt has gone up from $300 billion 
to $4,900 billion, $4.9 trillion. This is not about Federal employees. 
This is not about the disruption of some Federal services. It is about 
finally, once and for all, and for the good of our children and future 
generations, balance the Federal budget in 7 years using honest 
numbers.
  Taxes are on the table. Spending is on the table. Even defense is on 
the table. The budget must be balanced and it must happen at least 
within 7 years.

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