[Congressional Record Volume 140, Number 26 (Thursday, March 10, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: March 10, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
{time} 1020
A TRUE BALANCED BUDGET
(Mr. SOLOMON asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. SOLOMON. Mr. Speaker, the previous speaker was a Democrat, and he
was bragging about how small these deficits are in the next 5 years
under the Clinton program. Let me read them to you, ladies and
gentlemen.
In 1995, $171 billion; that is small? In 1996, $166 billion; that is
small? In 1977, $183 billion; that is small? It goes on and on.
In 5 years it increases the national debt by another $1 trillion,
ladies and gentlemen. You are going to have a Republican alternative
offered today that is going to cut those deficits substantially. you
are also going to have a bipartisan balanced budget presented to this
body around 4 or 5 this afternoon which actually balances the budget
and begins to show surpluses at the end of that 5 years. I hope you
will pay a lot of attention to this because this is a chance to turn
around this sea of red ink which is ruining this country.
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