[Congressional Record Volume 149, Number 111 (Thursday, July 24, 2003)]
[House]
[Page H7459]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   BALANCED BUDGET AND NATIONAL DEBT

  (Mr. TAYLOR of Mississippi asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. TAYLOR of Mississippi. Mr. Speaker, if has been 804 days since 
the angels of debt, led by President Bush and the Republican majority 
in this House, embarked on the economic plan for our Nation. During 
that time the national debt has increased by $1,085,680,723,163.
  According to the Web site for the Bureau of Public Debt at the U.S. 
Department of Treasury, yesterday at 4 o'clock, Eastern Daylight Time, 
the Nation's outstanding debt was $6,726,006,109,521.
  Furthermore, in fiscal year 2003, interest on our national debt, or 
the debt tax, is $277,768,492,816 as of June 30.
  Mr. Speaker, it is time for you to schedule a vote on this House 
floor for a balanced budget amendment to the American Constitution.

                          ____________________