[Congressional Record Volume 140, Number 90 (Wednesday, July 13, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: July 13, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                    GOOD NEWS FOR AMERICAN FAMILIES

  (Mr. MILLER of California asked and was given permission to address 
the House for 1 minute.)
  Mr. MILLER of California. Mr. Speaker, there obviously are no depths 
to which our colleagues will not seek to try to make points. It is very 
unfortunate for Vince Foster's family that the gentleman from Indiana 
would take on like that.
  But in spite of him and in spite of his attacks on the President to 
try to derail what was announced today in the Los Angeles Times and 
papers all across the country, there is good news for Americans. There 
is good news for American families and for American workers.
  The fact is, because of the President's economic plan, we see that we 
will achieve almost $700 billion in deficit reduction over the next 5 
years as opposed to the $500 billion that we had anticipated when we 
passed the President's plans with no Republican votes. Not a single 
Republican would belly up to the bar to cast a vote that turned out to 
be real deficit reduction.
  After 12 years, they were so used to talking about deficit reduction 
and not doing anything about it, they thought that is the way you would 
achieve it.
  This President inherited a deficit that was out of control, and now 
we see the deficit reduction will far exceed, far exceed anything that 
anybody had anticipated.
  And where is it coming from? It is coming because more Americans are 
going back to work, because lower interest rates have allowed 
corporations to reschedule their debt and able to hire more people and 
invest in new jobs. That is what the President promised, and that is 
what the President is delivering.

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