[Congressional Record Volume 140, Number 142 (Tuesday, October 4, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: October 4, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
      DEMOCRATS ACCUSED OF ``THE BIG LIE'' ON BALANCING THE BUDGET

  (Mr. ARMEY asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. ARMEY. Mr. Speaker, the White House and Clinton Democrats here in 
Congress have made an interesting admission lately--they have thrown in 
the towel on deficit spending, and now make it clear that they intend 
to rack up deficits from here to eternity.
  They are not attacking the balanced budget amendment in our 
Republican contract with America. They are attacking the very notion of 
balancing the budget, which proves the point that we must have a 
balanced budget amendment to impose fiscal discipline.
  This graph shows the effect of a balanced budget amendment. Note that 
spending would continue to rise over 5 years, but at a rate of 3 
percent instead of 5 percent. That is what bothers the Democrats--that 
we would increase spending by about $800 billion in 5 years, instead of 
$1.5 trillion.
  But rather than deal with the fact that Americans want a balanced 
budget and other things in our contract like welfare reform, family tax 
cuts and a vote on term limits, Democrats, scared about losing their 
40-year control of the House, are now trying to scare senior citizens 
into voting for them.
  For shame.
  Mr. Speaker, here me clearly--we can balance the budget by cutting 4 
cents on the Federal dollar without cutting 1 red penny from Social 
Security. America's seniors should not be scared by the big lie from 
Bill Clinton and Clinton clones in Congress.

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