October 18, 1985
Thank you, and it's a pleasure to add my welcome to the others that I know you've already
had.
Change in a free society is never easy, and the battle for a balanced budget is no exception. And
that's why we have asked you here today -- or have you guessed that? We need some help from
the first string. Many of us have been slugging it out on the issue of deficit spending for a number
of years, many years. I think that we now have a window of opportunity to establish -- or
accomplish what we have so long strived for. We cannot let this opportunity pass, and I hope I
can count on every one of you to maximize your efforts in the days ahead.
The Gramm-Rudman-Hollings deficit reduction plan, if passed, will be a landmark victory for
responsible government. The need for structural reform has been evident to some of us for quite
some time, and that's why we've been raising our voices in support of a balanced budget
amendment. What we haven't realized, however, and what is clear now is that there is also need
for a transition to that point where structural change is possible. And that's what
Gramm-Rudman-Hollings is all about. This farsighted and practical proposal gives us an
enforceable method of reducing the budget deficit each year, leaving us with a balanced budget by
1990. An end to deficits can be made permanent with an amendment to the U.S. Constitution
requiring a balanced budget and preventing us from ever getting behind the eight ball again.
The passage of Gramm-Rudman-Hollings will be an affirmation to the entire country -- well, yes,
even to the world -- that we Americans have finally gotten serious about deficit spending.
Gramm-Rudman-Hollings will replace ``no way'' with ``can do.'' We can, if we have the will to do
it, bring the deficit down without raising taxes and without undermining our national security.
Now, let me just underscore that last point. No one should look at our energetic support of
Gramm-Rudman-Hollings as an indication that America's military strength is going to be
weakened. There's too much at stake. We must keep this country strong and at peace. We'll
continue spending what is necessary in this vital area, but no more, no less.
During the last election much was said on this issue. I think any political figure who declaimed in
front of the voters against the deficit owes it to the people to support this bipartisan approach or
explain him or herself. I'm counting on each of you to help me let our fellow citizens know who's
standing in the way and who's clearing the way. Or, put in the vernacular of the 1960's, who's part
of the solution or who's part of the problem. By being here today, we figure that you're part of the
solution. The big spenders, still trying to hold on to the free-wheeling days of the past, have got to
realize how serious the American people are about this. The American people are watching, and I
don't think they'll tolerate obstructionism. Those politicians who try to scuttle this reform in the
fall of 1985 do so at their own peril.
But I must tell you, I am optimistic. I think we can be proud of the foursquare example the Senate
has set on this issue. The Gramm-Rudman-Hollings amendment passed the United States Senate
with the support of a majority of members of both parties and is now in a House-Senate
conference committee. If you hear some unusual noises floating in through the window, that's
what's going on. [Laughter] Our elected representatives must know that on this issue, no one is
anonymous; everyone is on record. If they understand this, then we'll be on the edge of an historic
victory. But your perseverance is needed, and we can't afford to wait a day. I hope you'll be up on
the Hill this afternoon to let them know how high a priority Gramm-Rudman-Hollings is on your
agenda. And as I have said already today to another group of individuals who you might run into
up on the Hill, it isn't necessary that you make them see the light, just make them feel the heat.
[Laughter]
Having worked in my current job going on 5 years now, I have a perspective on our country I'd
like to share. As I mentioned earlier, change is never easy in a democracy. I'm proud of the
changes that we've made. But each time we've succeeded, it's always been due to the efforts of the
people. Certainly, political leaders have meetings and talk about differences, but when
fundamental change happens, it's because the people are involved, giving leverage to those that
are fighting for the right. In this particular case, the American people want us to end this deficit
spending that has been mortgaging the future of our children and undercutting confidence in our
own. We have it in our power to put this problem behind us. When we do, I predict a new surge
of optimism will be felt throughout our land. It will sweep us into a time of prosperity as never
imagined. And pardon me for using a phrase from the campaign, but when we get deficit spending
under control, as far as the economic progress we've enjoyed so far, well, you ain't seen nothin'
yet!
I've been telling some people some figures -- and I just will close with this -- that prove -- I know
there's a great deal of controversy and everybody's expressing opinions out there -- well, who's to
blame for the deficit? The deficit is built into the structure of our government. And the greatest
proof of that I can give you is that 1965 to 1980 -- 15 years -- in those 15 years, the budget
increased to five times what it was in 1965; the deficit increased to 50 times what it was in 1965.
And that rate of increase has continued through the years we've been here. In spite of our efforts
to cut, all we've been able to do is reduce the increase in spending. We've fought every year for a
number of cuts, and now we've come to the conclusion that this thing of instead of every year,
trying to whittle away here and there and hope we can get enough votes to do so and hope that
one day the budget deficit will disappear.
But today the idea is -- with this amendment I've been talking about -- is a 5-year plan in which
you look at the rate of decrease in the deficit and you can point to a year down here in which
sticking to this plan -- that is the balanced budget and, then, we get that constitutional amendment
and make sure that Uncle Sam gets off his sailor's binge and stays within the limits of the
revenues.
Well, thank you all for being here. Go get 'em! And God bless you.
Note: The President spoke at 1:14 p.m. in Room 450 of the Old Executive Office Building.