[Congressional Record Volume 142, Number 12 (Tuesday, January 30, 1996)]
[House]
[Page H930]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       THE DEBT CEILING INCREASE

  (Mr. JONES asked and was given permission to address the House for 1 
minute.)
  Mr. JONES. Mr. Speaker, I have listened with amazement as the 
President calls upon Republicans to pass a clean increase in the debt 
ceiling. Well, let me just say right now, there is nothing clean about 
stealing another trillion dollars from our children.
  Mr. Speaker, Republicans already passed a responsible increase in the 
debt limit. It was part of the Balanced Budget Act. The President 
choose to veto it. We put it very clearly to the President: We are not 
going to let our Nation default on its debt, but we will not give the 
President a blank check to spend more money.
  That is exactly what the President is asking for: a blank check, so 
he can spend not our money, but our children's money.
  Mr. Speaker, default is not an option and Republicans will not let 
the President's irresponsibility let that happen. We will give him the 
chance to sign yet another increase in the debt ceiling. But we won't 
do it without at least providing a downpayment on a balanced budget.

                          ____________________