Balancing the budget is not just good policy, it is a moral obligation to our country—and future generations.
House Speaker Newt Gingrich (L) (R-Ga.) shakes hands with President Bill Clinton (R) before the President signed the Balanced Budget Agreement on the South Lawn of the White House in Washington on Aug. 5, 1997. Paul J. Richards/AFP via Getty Images
When I became Speaker of the House in 1995, many in Washington considered balancing the federal budget impossible.
Newt Gingrich
Author
Newt Gingrich is an author, commentator, and former Georgia congressman who was the 50th speaker of the U.S. House of Representatives from 1995 to 1999. He ran as a Republican presidential candidate in 2012.