[Congressional Record Volume 140, Number 11 (Tuesday, February 8, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: February 8, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
IN APPRECIATION OF THE CBO
(Mr. GOODLATTE asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. GOODLATTE. Mr. Speaker, as we speak--the Congressional Budget
Office is testifying before the Ways and Means Committee that the
President's health care proposal should be included in his budget. That
is a conclusion many of us reached months ago.
The CBO states that the financial transactions of the health
alliances should be included in the Federal Government's accounts, and
the premium payments should be shown as Governmental receipts.
Why did the President leave health care out of his budget? Because
they increase his budget by 25 percent and amount to the largest tax
hike in history.
The President's program is financed by huge premium payments--a.k.a.
taxes--placed on the shoulders of each and every employer in this
Nation. That is more of the same old tired Government taxing and
spending--and needs to be included in the budget.
So today as administration officials scurry across Capitol Hill
lobbying for favorable treatment of their budget, the real truth is
coming out before the Ways and Means Committee--thank you CBO.
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