[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]

 
              THE BUDGET DEFICIT REDUCTION PLAN IS WORKING

  (Mr. TUCKER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. TUCKER. Mr. Speaker, this is correct, the prior speaker was a 
Democrat and he talked about the fact that 1 year ago we had a deficit 
reduction plan and that deficit reduction plan has already begun to 
work.
  Contrary to the banterings of the prior speaker, who is a Republican 
and said that we can have much more deficit reduction, he was the same 
party and the same voice that said the deficit reduction plan of 1993 
would not work. Let us see what has happened just 1 year later:
  Growth in good-paying jobs is accelerating at 4.3 percent, industrial 
production is up 4.7 percent, real gross domestic product jumped up 7.5 
percent; the index of leading economic indicators is up for the sixth 
consecutive month.
  Mr. Speaker, Mr. Clinton's plan has already begun to work, and we 
need to support it, Republican, Democrat, Americans alike. We must 
continue to trust in the proven leadership of this administration and 
the party which has already proven to you that it gives good economic 
guidance.

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