Tennessee 2006 Senate Debate: on Budget & Economy

Bob Corker: Claims Ford tried to add $280 billion to national debt

FORD: Everybody in our country--even children and newborns--owes the US government $28,000. In the last 6 years under my opponent’s party’s leadership, the debt has grown by almost $2 trillion. And the people who will pay it will be you and I and everyone else. I have a couple of simple answers. They’re going to call me a liberal, but if they wanted to control the debt, they could have by now.

1. We ought to pass a balanced budget amendment.
2. We ought to move to a two-year budget cycles.
3. We ought to end all of this pork-barrel spending.
4. We ought to say to 16 federal agencies, out of 23, that if they can’t audit themselves, then no more federal tax money.

Harold Ford: Fight $2 trillion debt by balancing budget & ending pork

FORD: Everybody in our country--even children and newborns--owes the US government $28,000. In the last 6 years under my opponent’s party’s leadership, the debt has grown by almost $2 trillion. And the people who will pay it will be you and I and everyone else. I have a couple of simple answers. They’re going to call me a liberal, but if they wanted to control the debt, they could have by now.

1. We ought to pass a balanced budget amendment.
2. We ought to move to a two-year budget cycles.
3. We ought to end all of this pork-barrel spending.
4. We ought to say to 16 federal agencies, out of 23, that if they can’t audit themselves, then no more federal tax money.