CONGRESSIONAL OBSERVER PUBLICATIONS

SENATE

Balanced Budget Amendment

(Selected Portions)
(Republican & Democrat)
June 4, 1996


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(D) = Democrat;   (I) = Independent;   (R) = Republican;   [[Page Hxxxx]] = Congressional Record Page #
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Mr. DASCHLE (D)
Mr. WYDEN (D)
Mr. NICKLES (R)
Mr. HATCH (R)
Mr. WARNER (R)
Mr. DOLE (R)

  The PRESIDING OFFICER. Under the previous order, the Democratic 
leader is recognized.
  Mr. DASCHLE (D). Thank you, Mr. President.
  Mr. President, I have a chart here that shows, as graphically as 
anything can, the number of times that our Republican colleagues have 
proposed in this Congress to change the U.S. Constitution. Not since 
the Bill of Rights have so many amendments been proposed all at once. 
No wonder the rumors of rumblings from gravesites from Monticello to 
Mount Vernon have been heard during this Congress. There are those who 
appear to believe that they know better than our Founding Fathers how 
our Constitution should be structured. They now advocate altering the 
U.S. Constitution not once or twice, but, as this chart shows, in 83 
different ways. There were 83 amendments proposed by our Republican 
colleagues in this Congress to the U.S. Constitution. One has to 
wonder, Mr. President, whether or not there are those in this body, and 
in the other body, who believe they know better, and that somehow they 
are in a better position than our Founding Fathers to determine the 
advisability of changes in the Constitution to this degree.
  I am not averse to constitutional amendments. I have supported some 
in the past. But before we do so, the first question we must ask is, is 
it necessary? We have had debates on the Senate floor in this Congress 
on whether or not to amend the Constitution to provide for protection 
of a flag. There are those who propose amendments that would somehow 
require the ability for public prayer in schools. In those cases, and 
in many others, I, as well as many of my colleagues, have concluded 
that indeed it is not in our best interest, that the Founding Fathers 
were correct that the first amendment rights need to be protected. We 
have shown the wisdom on those occasions to defeat proposals to amend 
the Constitution, as our forefathers would have.
  We did not need a constitutional amendment 4 years ago, Mr. 
President, when this administration came to Washington, and the 
President decided--rather than talking about it, rather than 
constitutional amendments, rather than more proposals to modify the 
budget and bring this Government into balance--``I am going to do 
something about it.'' Indeed, he saw the need to do something about it.
  Everyone recalls that, in 1992, the deficit was $290 billion. In the 
first year in office in 1993, this administration, working with the 
Democratic Congress, Mr. President, reduced that deficit to $255 billion. In
1993, how well [[Page S5899]] I remember the vote taken on this floor with
virtually everybody in their chair, one-by-one, standing up, in one of the most
courageous acts of deficit reduction since I have been here, and voting for a
plan cut the deficit. That plan covered not just 1 year or 2 years, but 5 
years of massive deficit reduction. And it passed by one vote.
  As a result, the deficit in 1994 then fell to $203 billion. Last 
year, in 1995, we did some more, and the deficits fell, not 
surprisingly, as a result of that action, to $164 billion. Now, this 
year, we mark 4 years in a row of meaningful deficit reduction. With 
some courageous votes and real determination, the deficit is expected 
to fall to $130 billion. That is the record over the last 4 years--from 
$292 billion to $130 billion.
  For the first time since Harry Truman sat in the White House, the 
deficit has declined for 4 years in a row. The deficit has been cut in 
less than half since President Clinton took office.
  That is the difference, Mr. President, between rhetoric and results. 
The only way that these results can continue, the only real way in the 
short-term that we can build on that record is with an negotiated 
agreement that balanced the budget by 2002.
  A constitutional amendment, under the best of circumstances, is going 
to take several years to ratify. Who in this body would argue today 
that we ought to wait that long before we continue further efforts at 
deficit reduction? We all know we cannot afford to wait. The President 
realizes that and, for that reason, has held out an open invitation for 
Republican leadership to join with Democratic leadership and this White 
House to build on the record of the last 4 years, to take that $130 
billion down to zero, and to do it now. We can do it. We need to do it. 
But if that is going to happen, we must, in a bipartisan way, come 
together, resolve our differences, and put this country on the track to 
ultimate success. Not only are we not negotiating, Mr. President, not 
only may we miss that opportunity to balance the budget, but the very 
same threats that we faced in the early eighties are back with us 
again. I can hear them now. The political rhetoric is there. The same 
threats to the budget are as evident now as they were back then, 15 
years ago.
  In the 1980's, proposals for dramatic increases in star wars spending 
and dramatic cuts in taxes became more than just political rhetoric. 
They became reality. We were told we could do all of that without 
exploding the deficit. I remember how clearly, how persuasively the 
President at the time indicated that it indeed was possible. Well, now 
the reality is here. We are faced with the consequences. And $5 
trillion in debt later, some of us have learned, as we should have 
known back then, that if we follow that path, it will not be $5 
trillion in debt. Heavens knows, it could go $10, $15, or $20 trillion.
  How ironic that similar proposals to those that created massive 
deficits in the 1980's are now again dominating the Republican 
rhetoric--the $60 billion Defend America Act, and tax cuts ranging from 
$600 billion to $700 billion. The supply-side experiments of 1981 that 
created massive deficits are once again the centerpiece of the 
Republican agenda. To contend with such budget-busting proposals while 
debating the balanced budget amendment makes one wonder if we are 
facing historical blindness or gross hypocrisy. So let us recognize, if 
their fiscally irresponsible proposals come to fruition, we will be 
right back here all over again with yet more need for courageous 
action, to take this into our hands and to resolve it once and for all. 
We cannot afford that kind of rhetoric. We cannot afford those starry-
eyed proposals if we are serious about accomplishing what we are 
debating today, balancing the budget.
  Mr. President, having the realization that indeed building upon our 
4-year record of deficit reduction is so important, it still begs the 
question, is an amendment necessary? Do we see it in our long-term best 
interests to amend the Constitution, to recognize that somewhere on 
this list may be an amendment that warrants our support? My answer to 
that question is yes. Beyond building upon the record that we have 
achieved, beyond the courageous work we have already done, my view is 
if the amendment is written properly, I support a constitutional 
amendment to balance the budget. In fact, I voted for such a properly 
crafted amendment last year during the previous debate on the balanced 
budget amendment, and I hope to vote for it again today.
  But we must also realize that once it is part of the Constitution, 
there is no going back. We are not likely to change a clause or a 
phrase next year or the year after. That is not going to happen. Many 
Senate Democrats have offered a proposal which, in our view, does it 
right. Our alternative recognizes very important principles of 
constitutional law, but also recognizes the commitments on Social 
Security that we have made in statute and to the American people for 
generations.
  Doing it right in this case recognizes the importance of protecting 
Social Security. Our amendment, which has been introduced this year by 
the Senator from Oregon, Senator Wyden, proposes a firewall between 
Social Security and the rest of the budget. It is identical to an 
amendment crafted last year by the Senator from California, Senator 
Feinstein, and the Senator from Nevada, Senator Reid. Were it to be 
considered today, more than enough Senators would support it in order 
for it to pass.
  In 1990, Mr. President, we made ourselves very clear on this issue by 
a vote of 98 to 2. This body voted for an amendment by Senator Hollings 
to take Social Security off budget. Why did we do that? We did it 
because we realized that Social Security has become a sacred trust; 
that that trust fund is going to be drawn down in the not too distant 
future, and we are going to need every dollar of it. We recognize that. 
So we said we are going to build a firewall. We are going to make 
absolutely certain that when we need that money, it is going to there. 
The program is financed by dedicated payroll taxes that were not to be 
raided to pay for general Government expenditures.
  Mr. President, the pending version of the constitutional amendment 
breaks that promise. It breaks it. According to CBO's December 
baseline, the pending amendment anticipates using $603 billion in 
Social Security trust fund dollars over the next 7 years to reach 
balance. This year alone, it anticipates $71 billion borrowed from the 
trust fund. In the year 2002, as we proclaim a balanced budget, the 
fact remains that there will be $103 billion anticipated in Social 
Security trust fund surpluses that will be counted toward that balance, 
so we will actually be $103 billion in debt to future retirees.
  So, Mr. President, we are violating public trust, and, in my view, we 
are actually overturning the law laid out on a 98 to 2 vote on the 
amendment passed in the Senate offered by Senator Hollings.
  This means continued reliance on payroll taxes to fund the 
Government, as well. Social Security, as everyone knows, is funded by a 
12.4-percent payroll tax. It only applies to the first $62,700 of 
income. As a result, this tax can be seen as regressive since it falls 
heavily on lower- and middle-income taxpayers. In fact, 58 percent of 
our taxpayers pay more in payroll tax than they do in income tax. We 
cannot allow funding of our Government by these working people, and we 
cannot allow the continued abuse of the Social Security payroll taxes. 
We should not fund the Government in large measure by a payroll tax 
which is regressive, the revenues from which are intended to be set 
aside in the Social Security trust funds for the needs of all 
beneficiaries.
  Mr. President, we have a choice this morning. We have a real choice. 
We have the opportunity to build on the record of the last 4 years, to 
resolve to deal directly with our differences on budget priorities, and 
to build a balanced budget agreement in a way that will achieve a 
balanced budget by 2002. We can do that.
  We also have an opportunity to build the next step, to pass an 
amendment that allows us to do it right, to pass an amendment that 
maintains a firewall between Social Security and the rest of the 
budget. The Constitution must recognize the critical, absolute 
dependence that we will have on Social Security trust funds in the 
future, and must recognize the meaning of a real balanced budget 
without the use of Social Security trust funds. It must recognize, too, 
our appreciation of the trust [[Page S5900]] of the American people.
 That is our choice. We can do it right or, once again, we can violate 
that trust. We can do it in a way that I believe undermines the credibility 
of this Constitution and what it was meant to do when our Founding 
Fathers wrote it 200 years ago.
  We are not going to pass 83 constitutional amendments. We should not 
pass even one if it is not written correctly. We have the opportunity 
this morning, Mr. President, to approve an amendment that is properly 
crafted. The Senator from Oregon will seek unanimous consent that the 
Senate today vote upon his thoughtful alternative that accomplishes all 
of the goals of the amendment before us, without enshrining abuse of 
the Social Security trust funds in the Constitution.
  I now yield to the distinguished Senator from Oregon, Senator Wyden.
  The PRESIDING OFFICER. The Senator from Oregon.
  Mr. WYDEN (D). Mr. President, I thank the minority leader for yielding me 
this time.
  I take this time to say that I think this is an historic opportunity 
for the Senate to get this job done right, to get this job done on a 
bipartisan basis. I do not think anyone doubts how this vote on the 
majority leader's proposal is going to turn out, today.
  I believe we could have an alternative ending, however, that would 
benefit the American people, that would ensure that we get real fiscal 
discipline, and at the same time provide long-term security for 
generations of Americans to come. That is why I am hopeful that today 
we will have an opportunity to vote on a measure that is identical to 
that offered by the majority leader save for one difference. The 
alternative constitutional amendment to balance the budget would simply 
bar the use of the Social Security surplus or Social Security taxes for 
balancing the Federal budget.
  Mr. President, and colleagues, it is clear that both political 
parties--let me emphasize--both political parties have in the past used 
that Social Security surplus to mask the overall Federal deficit. I 
think that has to end. I think that the amendment, the alternative 
described today, would give us an opportunity on a bipartisan basis to 
tackle this issue responsibly and end it once and for all. It is time 
to close this road show and give the people what they want. Our 
proposal would provide that opportunity.
  Some of my colleagues apparently believe that you cannot balance the 
Federal budget without cooking the books. They have been trying to 
highlight various kinds of defects that they allege exist in our 
measure. I do not think the American people benefit from all of this. I 
do not think that the country benefits from this. The country benefits 
from an approach that forces both political parties to keep straight 
books, to get rid of the accounting fiction, and to make the tough 
calls with respect to both the Federal budget and the Social Security 
program.
  Therefore, Mr. President, I rise now to ask unanimous consent that 
immediately following the vote on House Joint Resolution 1, the Senate 
proceed to the consideration of Senate Joint Resolution 54, a balanced 
budget constitutional amendment that protects Social Security, and that 
the joint resolution be read a third time, and at the end of that the 
Senate proceed without any intervening action or debate on passage of 
that joint resolution.
  The PRESIDING OFFICER. Is there objection?
  Several Senators addressed the Chair.
  The PRESIDING OFFICER. The Senator from Oklahoma.
  Mr. NICKLES (R). Mr. President, I object--at least I reserve the right to 
object. I will make a comment to my friend and colleague from Oregon. 
Let me ask a question.
  The essence of the unanimous-consent request is that he wants to have 
placed before the Senate by unanimous consent a constitutional 
amendment to balance the budget with an exception saying we are not 
going to count Social Security--Social Security taxes do not count, 
Social Security spending does not count, Social Security balances do 
not count--and the Senator wants to have that placed before the Senate 
without amendment, without discussion, and for a vote. Is that correct?
  Mr. WYDEN. If the Senator will yield, the Senate prior to my coming 
here has debated and voted on this proposition, last year. In fact, in 
1995, there were more than 80 votes on a motion asking the Budget 
Committee to refashion the leader's amendment to include Social 
Security protection. This is not a new issue to the U.S. Senate. More 
than 80 Members of the Senate, on a bipartisan basis, have voted for 
the alternative that I would like to offer in the form of a 
constitutional amendment, today.
  Mr. NICKLES. Mr. President, I am not sure I got an answer, but I 
think I was correct in stating that the Senator's request--he would 
like to offer that.
  I object. I object on the grounds--because Social Security taxes are 
taxes. Social Security outlays are spending. Constitutionality, in my 
opinion, should not be confused by what I would say is maybe an attempt 
to obstruct or maybe give political coverage for people who are not 
supporting a real constitutional amendment which says all revenues and 
all expenditures, and you cannot spend more than is received.
  I object. I respectfully object.
  The PRESIDING OFFICER. The Senator from Oregon has 1 minute 
remaining.
  Mr. WYDEN. Mr. President, I will only say that the Senate on a 
bipartisan basis is formally on record with more than 80 Senators in 
support of this proposition. We have a choice, as the minority leader 
has said. We can let this go down once more or we can have a vote on a 
proposal that I offer to my colleagues that will impose real fiscal 
discipline and at the same time assure that Social Security is 
protected for both workers and retirees in the days ahead.
  Mr. President, I yield the floor.
  Mr. HATCH (R) addressed the Chair.
  The PRESIDING OFFICER. The Senator from Utah.
   Mr. President, we have never had a balanced budget 
amendment up where 80 percent of the Senators voted for this type of 
amendment. At the last minute to have an amendment like that literally 
creates a complete dislocation in the whole budget process. It would be 
highly unusual and we believe improper.
  Mr. WARNER (R) addressed the Chair.
  The PRESIDING OFFICER. The Senator from Virginia.
    Mr. WARNER. Mr. President, I have participated before in these 
amendments, and have supported them throughout my career in the Senate. 
A balanced budget is essential for the United States. And each time I 
go back and bring to the attention of the Senate a resolution--this one 
is Senate Resolution 38--by my distinguished former colleague and 
senior Senator from Virginia, Harry F. Byrd. Each year he would bring 
before this body, and we would pass, a resolution which said, in 
effect, Congress shall assure that the total outlays of the Government 
during any fiscal year do not exceed total receipts for the Government 
during such fiscal year.
  That is the essence of a balanced budget. Each year we passed this 
resolution. Each year it became law. And my distinguished colleague 
from South Carolina is nodding assent to that fact.
  And what happened? What Congress does one day it can undo the next, 
and this resolution became worthless each year.
  Mr. President, that is why we have to go to the Constitution of the 
United States to bring about the discipline required to compel the 
Congress of the United States to have a balanced budget. The laws that 
we pass--and we did I think eight times pass Senator Byrd's 
resolution--are undone the next day.
  So we have no other recourse than to turn to the constitutional 
amendment and send it to the several States and allow the people all 
across this Nation to support the concept of amending the Constitution 
of the United States to bring about fiscal discipline which this body 
requires. [[Page S5901]] 
  Mr. President today we are on the floor of the U.S. Senate with an 
opportunity to perform an historical act before the 104th Congress 
concludes later this year. Today, we are on the verge of ensuring that 
our Nation will have a balanced budget, free of any sleight of hand, as 
our majority leader prepares to depart. The Republicans have been 
working toward this end for years, and we must continue to stay firm on 
our mission.
  As we have seen over the past 6 months, America's financial markets 
are showing their support for the Republican effort toward a balanced 
budget. If we are successful on this vote today, there will be another 
strong reaction on Wall Street. Wall Street reflects the views of 
millions of investors in America's future.
  It is not only the investors in America's future that are behind us, 
but also Americans--in every walk of life--throughout this Nation. My 
phone lines have been busy, and in my State of Virginia, the calls have 
been overwhelmingly in support of our staying the course and finally 
balancing our Federal budget. The balanced budget constitutional 
amendment is supported by 83 percent of Americans, according to a poll 
published in a recent edition of USA Today. This proposed 
constitutional amendment, which passed the House by a 300-132 vote in 
January 1995, will enable all Americans, through their State 
legislature, to participate in the most important long-term decision 
facing us today.
  Anything less than 67 votes would be failure, and an abdication of 
our responsibilities to those voters who gave this Congress a mandate 
to clean up our fiscal house. This is not a political issue, although 
there are those who would make it so. This is for our children, 
grandchildren and their heirs.
  When the Senate voted March, 1995, and fell only one vote short, the 
majority leader said, at that time, that we would have another chance 
to give the American people what they want. Now is the opportunity for 
which we have been waiting. This Congress has a remarkable opportunity. 
We can take action that will benefit generations to come with the 
balanced budget amendment. It is our mission today, and it will become 
our legacy tomorrow.
  When the final balanced budget constitutional amendment is passed, 
both Republicans and Democrats will have participated in the 
reaffirmation of the future of America. I am confident that today will 
prove to be that reaffirmation and I wholeheartedly support this 
resolution.
:
:
:
  Mr. DOLE (R) March 2, 1995 was the last time we were all here talking 
about the balanced budget amendment. It was a very historic vote. We 
fell one vote short. And so we might reconsider that vote I changed my 
vote to ``no'' and entered a motion to reconsider.
  That is what we are now doing. And I might confess that I thought--
when I first thought about bringing this vote up, I thought I had to be 
here to do that; that when I left, it could not be brought up again. 
But the Parliamentarian properly advised me that once the motion is 
entered anybody can call it up. So I can say to my colleagues when I 
made my resignation statement, I was under some little misapprehension 
about whether or not we could do this.
  But in any event, the point is I think it is the appropriate thing to 
do. There are fundamental differences. I know some are all over the lot 
on why they cannot vote for this. And some just do not believe it is 
the right thing to do. I understand that, and I do not question 
anybody's motives.
  We have all talked about a balanced budget, and everybody has one in 
their hip pocket. But we have not passed any. We have passed ours and I 
believe we voted on the Democrats. The President vetoed a balanced 
budget--another reason we need an amendment.
  We are working on a balanced budget through the legislative process 
now. In fact, I hope we can come to some conclusion on that and get it 
done before the week is out.
  There is a lot of talk in politics about children. There should be. 
They are the future. And what we do here will have a direct impact on 
children, on their hopes and their aspirations. I think today's vote 
certainly, talking about children, talking about their future, talking 
about the opportunities they may have, ties it all together. Just 
mentioning children does not do much for children. Passing a balanced 
budget amendment would. We would have a balanced budget. We would see 
interest rates drop. We would see Government responding not to every 
special interest group but to the balanced budget amendment where we 
would have to say, no, we cannot do it. And we would reorder some 
priorities around here. For all those who make speeches about the 
children and their future and crime and drugs and all the problems and 
all the temptations they have, here is an opportunity to stand up for 
children.
  I have believed in this for a long time. Back in 1971 I started to 
talk about a balanced budget amendment. And they are very difficult to 
put together. You can always find some reason to oppose it--do not 
include this, do not include that.
  So we will have this vote. We will lose, but we will have made the 
statement. That is the important thing. You made the statement. It will 
be back next year.
  Mr. President, perhaps no policy is more important to the economic 
future of all Americans and particularly to the future of our children 
than a balanced budget. And that's why I believe there may be no more 
important issue for the U.S. Senate than whether we will finally pass 
the balanced budget amendment to the Constitution.
  We take a lot of historical votes here in the Senate, but the vote on 
the balanced budget amendment is one of the most important in decades. 
It is a question of trust. Of whether we trust the people, of whether 
we trust the Constitution, of whether we trust the States. And most 
importantly, it is a question of whether future generations of 
Americans can put their trust in us.
  Will we follow the experience of 49 States that are required by law 
to balance their budgets? Do we trust the people to be able to have the 
right to ratify this amendment through their State legislatures in the 
process spelled out by the Constitution?
  We had 67 votes then to make it a part of the Constitution, as 
everybody knows, it has to go to the States and be ratified by three-
fourths of the States. A lot of us have talked about returning more 
power to the States, power to the people. Dust off the 10th amendment, 
which is 28 words in length, which says in effect, the powers not 
delegated to the Federal Government by the Constitution nor denied to 
the States belong to the States and to the people.
[[Page S5902]]
  So I have confidence in the people of Ohio, the legislators in 
Kansas, Mississippi, Virginia, Utah, South Carolina, Oregon, North 
Dakota, wherever. I have confidence in their judgment. So why not give 
them an opportunity, those who are closer to the people, to make the 
judgment.
  Ultimately, this is a question of our values as a nation. Which do we 
value more: The fleeting interests of the moment, or our economic 
futures and destiny.
  Last year the House of Representatives passed the balanced budget 
amendment by a vote of 300 to 132--more than the two-thirds majority 
required by the Constitution. We then had several long weeks of debate 
here in the Senate before the amendment narrowly failed on a vote of 65 
to 35 on March 2, 1995.
  We will shortly have our final vote on the motion to reconsider House 
Joint Resolution 1. The vote total may not change much today, but this 
vote is important to place us all on record with the American people on 
an issue of supreme importance to all Americans. So in a few minutes we 
will have one last vote--one last chance--to do what's right, and send 
the balanced budget amendment to the States for ratification.
  When we debated the constitutional amendment last year, I quoted 
Thomas Jefferson, who was so concerned about the ability of Democratic 
Government to control spending, that in 1789 he wrote:

       The question whether one generation has the right to bind 
     another by the deficit it imposes is a question of such 
     consequence as to place it among the fundamental principles 
     of government. We should consider ourselves unauthorized to 
     saddle posterity with our debts, morally bound to pay them 
     ourselves.

  Jefferson's fears of 200 years ago are today's tragic reality. In 
1994, the Federal Government spent $203 billion in interest on the 
national debt--more than it spent on education, job training, public 
works, and child nutrition combined. In 1994, Americans paid an average 
of $800 per person in taxes just to service interest on the debt--not 
to pay off the debt or even to reduce the debt just to pay the interest 
on the debt.
  Some say deficits don't matter. But the fact is that the Federal 
budget deficit is like a tax hike on working families, and one that 
binds future generations of Americans exactly as Jefferson had warned.
  The deficit drives up interest rates--and not by a little but by a 
lot. It is a stealth tax that every family with a home, every father 
and mother with a child in college, every young person who buys a car 
must pay, and pay, and pay.
  What does this stealth tax cost in dollars? Over $36,000 on a typical 
home mortgage. More than $1,400 on an ordinary student loan. Nearly 
$700 on a typical car loan.
  I know around this place we sometimes fail to understand there are 
real people out there waiting for us to make responsible decisions. I 
had an experience the other morning with the distinguished Senator from 
Virginia, in Virginia, near Richmond. Because of a lack of $65 per 
month, this young couple and their young daughter, a baby, could not 
buy the house they wanted. To us, $65 a month is $65 a month. To them, 
it was a matter of a home. And since the President vetoed the balanced 
budget, interest rates have risen about one and a quarter percentage 
points.
  So that couple and another young man--we visited his home--he did not 
get the home he wanted, the one for $119,000. He took the one for 
$109,000 because of interest rates. So we can make all these great 
speeches here that we want, but they are real people and they live in 
the District, they live in our States, where 1 percent of interest rate 
does make a difference.
  We simply cannot continue to mortgage America's future If we continue 
current tax and spending policies, future generations will be saddled 
with effective tax rates of more than 80 percent. Failure to stem the 
flow of red ink from Washington amounts to taxation without 
representation on our children and grandchildren.
  That's why the question before us today is, as Jefferson said, ``Of 
such consequence as to place it among the fundamental principles of 
government.''
  I don't think the balanced budget amendment is a partisan issue. Many 
Democrats voted for the amendment last year and we'd certainly like to 
have a couple more today.
  It is not a partisan issue. I have said this publicly for a long 
time. The leader of the balanced budget effort that I have known for a 
long time is the Senator from Illinois, Senator Simon, who is leaving 
the Senate. You could vote either way if you are leaving and not worry 
about it, but he is sticking with principle.
  We are not going to change any votes because this is an election year 
and I happen to be the Republican candidate for President. I respect 
those on the other side who feel they must reflect the views of the 
occupant of the White House, the President, on it.
  We had several Senators who had voted for this before, six, in fact, 
who switched their votes on March 2, 1995. In fact, we were counting 
70-some votes for the amendment.
  Several Senators who changed their votes last year talked about a 
Social Security firewall. We tried to reach out to those Senators to 
ensure that Social Security surpluses can never again be used to mask 
deficit spending. I believed that, after a suitable phase-in, the 
Federal budget could be balanced without counting the surpluses in the 
Social Security trust funds.
  I still hope that one or two of those six Senators who changed their 
votes last year can come home again and support the balanced budget 
amendment as they have in the past.
  As I said, the question of whether we saddle posterity with our debts 
does not divide us along partisan lines--some Democrats have been a 
part of this effort from the beginning. But the balanced budget 
amendment is a critical test of whether we are willing to be 
responsible for our debts, and to be, in Jefferson's phrase, ``Morally 
bound to pay them ourselves.''
  And here is where the President has lacked leadership--where it 
matters most. Unlike his predecessors, he has opposed this amendment. 
The White House lobbied furiously against it and rounded up enough 
support to defeat the amendment last year by one vote.
  But we always can hope. And I am hopeful. If it does not happen 
today, it will happen maybe later this year. Maybe next year the White 
House will not lobby against it. Maybe somebody will be there to lobby 
for it. Maybe we can find the votes, the three or four votes that we 
need.
  It is no small accomplishment that almost all of us in this Chamber 
now agree that the budget should be balanced by the year 2002. That's a 
big change since last March. It's not just Republicans saying it now, 
but all of us--from Republicans to blue dog Democrats to the President. 
That in itself is good news for America. Since we all agree that it 
should be done by the year 2002, let's pass the amendment that requires 
that we do it by the year 2002.
  But talk is not enough. President Clinton had an opportunity to 
demonstrate serious commitment for a balanced budget by urging his 
Democratic colleagues to support this amendment. Make no mistake: 
President Clinton's opposition continues to be the single largest 
obstacle standing in the way of a balanced budget amendment to the 
Constitution that 83 percent of the American public want.
  The Federal budget has not been balanced since 1969. Since that time, 
Congress has passed no less than seven different laws containing 
balanced budget requirements.
  But despite all the votes, all the speeches, and all the good 
intentions over the past quarter of a century, the Federal debt has 
grown each and every year.
  Last year we passed the first balanced Federal budget in a 
generation. But President Clinton vetoed it. The record of the past 25 
years is frustratingly clear: We simply cannot rely on statutory 
changes to get the job done. We need the balanced budget amendment to 
the Constitution to guarantee that the job gets done.
  That's why I first introduced a balanced budget amendment back in 
1971. And that's why I know ultimately someday this amendment will 
pass. Maybe not today. Today those of us who for years have been 
battling for a balanced budget amendment may feel all too much like 
that ancient Greek philosopher rolling the heavy rock up the hill just 
to have it roll back down again.
[[Page S5903]]
  It is like the line-item veto. It was never going to happen, but it 
did, thanks to Senator McCain and Coats and others on the other side of 
the aisle.
  But this issue is the right one for America. And one day the balanced 
budget amendment to the Constitution will be passed in accordance with 
the wishes of the overwhelming majority of Americans. As for today, at 
least every American will know exactly where each and every one of us 
stands on the issue, and every American will know exactly where 
President Clinton stands on the issue.
  In a few moments, Mr. President, we will have one last vote on 
whether we can finally pass the balanced budget amendment and send it 
to the States for ratification. Remember, no single action here in the 
U.S. Senate is the end of the line.
  The final decision about whether or not the balanced budget amendment 
will go into effect rests with those outside Washington. The Founding 
Fathers decided to give the ultimate authority over constitutional 
amendments to those who are closest to the people--the men and women 
who serve in State houses around the country.
  Let's trust the States and put our faith in the American people. 
Let's go through the constitutional process that our Founding Fathers 
so wisely set up. There's a word for that process. And that word is 
democracy.
  Passing the balanced budget amendment is the singlemost important 
thing we can do to ensure that Nation's economic security and to 
protect the American dream for our children and grandchildren.
  In this vote we address the fundamental principles of government, and 
we should, each of us, consider ourselves bound by Jefferson's 
admonition to be mindful of posterity, and discharge our moral debt to 
future generations of Americans.
===============================================================================
Copyright June 1996
Congressional Observer Publications,  David H. Miller
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Email Address: cop@proaxis.com     Web Address: http://www.proaxis.com/~cop
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Copyright June 1996
David H. Miller
Congressional Observer Publications
1750 Sulphur Springs Road
Corvallis, OR 97330
Phone: 541-745-7440
Email Address: cop@proaxis.com
Web Address: http://www.proaxis.com/~cop

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