Phil Gramm: I remember the day that my father was buried.
I remember when we got home from the funeral, my mother got us around
the kitchen table and said "Our lives are going to change, we are going
to have to learn to live on less."
Narrator: Look inside Phil Gramm and you can still see the boy from a poor
background who earned a PHD in Economics. A college professor raising
a family. A conservative Democratic Congressman with the courage
to stand on principle, instead of compromising his beliefs.
Phil Gramm: The only honorable course of action is to resign my seat in
Congress and seek re-election as a Republican.
Narrator: He wrote the Gramm-Rudman law to reduce the deficit
and stood alone against Bill Clinton's health care plan.
Look inside, the conservative who stands by what he promises.