The Hill News

Sixteen years ago, Congress failed to pass a balanced budget amendment by a single Senate vote. At that time, the national debt was approximately $5 trillion. That solitary vote resulted in our nation adding almost $10 trillion to the debt in the years since.

For those who were confident that Washington could show self-restraint without legal force, this has been an extremely expensive lesson. Both Republicans and Democrats alike are guilty for the hefty tab on our national credit card. Unfortunately, it is one that our children and our grandchildren will be forced to pay.

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