The Hill News

"The failures of our nation's fiscal problems are staggering … (and) Congress still does not have a budget mechanism that will put the (debt) growth in reverse. This is not to say that Congress hasn't tried to change. We have been on one budget diet after another since the mid-1970s. But like most diets, we are soon back to where we started or even more bloated. It is imperative that we get a handle on our finances. We owe it to future generations of this country."

Though the words above could have been taken from any number of recent congressional-floor speeches, they were actually spoken 17 years ago by Missouri Rep. Melton Hancock in support of a proposed debt-relief bill.

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