[Congressional Record Volume 140, Number 135 (Friday, September 23, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: September 23, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
 THE GOP CONTRACT--NOT A CONTRACT FOR AMERICA BUT A CONTRACT ON AMERICA

  (Mr. WISE asked and was given permission to address the House for 1 
minute, and to revise and extend his remarks.)
  Mr. WISE. Mr. Speaker, we are going to hear a lot about a contact for 
America that our friends on the other side are going to be offering. It 
is a contract that David Stockman would be proud of. Remember supply-
side economics? Remember 3.5 trillion dollars' worth of debt because of 
the promise of tax cuts and spending increases?
  Let us read the fine print in the contract, because as I say, ``I 
don't call this a contract for America, I call this a contract on 
America,'' because it is a hit job.
  Talk to the Social Security recipient. They are going to cut Social 
Security. The only way they can make their deficit reduction figures, 
they are going to cut Medicare. The only way they can make their 
deficit figures, they are going to cut veterans. The only way they are 
going to do it is to add $1 trillion to the deficit.
  I say, Mr. Speaker, read history. This is a contract on America.
  Remember those who want to suddenly do something for you in the 
future would not vote for you in the past because they would not vote 
for the tax cuts for working Americans; they would not vote for the 
deficit reduction that passed here. They would not vote for the 
burgeoning economy that we now have, and that was just a year and a 
half ago.
  Mr. Speaker, this is not a contract for America; it is a contract on 
America.

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