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Our Unconscionable National Debt

Rep. Mike Coffman

legislator photo

Mr. Speaker, on January 26, 1995, when the last attempt at a balanced budget amendment passed the House by a bipartisan vote 300 132, the national debt was $4,801,405,175,294.28.

Today, it is $15,413,030,984,842.14. We've added $10,611,625,809,547.86 dollars to our debt in 16 years. This is $10 trillion in debt our nation, our economy, and our children could have avoided with balanced budget amendment.