[Congressional Record Volume 141, Number 16 (Thursday, January 26, 1995)]
[House]
[Pages H694-H695]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                           HASTE MAKES WASTE

  (Mr. WYNN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WYNN. Mr. Speaker, good morning.
  I rise today to clarify for the American people what this balanced 
budget debate is all about. Make no mistake about it, the Democrats 
want a balanced budget. The difference is, we want to do it right.
  I am from the State of Maryland, 10 years in the State legislature. 
We had a balanced budget. We are one of only about seven States with a 
triple-A bond rating, but we understand how to do it right and that is 
what we need to do on the floor of this assembly.
  First we need truth-in-budgeting. We need to know exactly what cuts 
will be necessary in order to balance the budget. You would not buy a 
house without knowing the mortgage payments. We need to know what we 
are going to have to do in order to balance this budget. It seems to me 
people are wondering will it really cause a 20-percent cut in Medicare? 
Will it really cut out veterans' benefits, truth-in-budgeting?
  Second, preserve Social Security. Yesterday we went through a 
charade. We passed a resolution. That is not the force of law. We need 
to put in law that 
[[Page H695]] in addition to a balanced budget, we are going to keep 
our original contract. The original contract was with our senior 
citizens. We can have a balanced budget but it is important that we do 
it in the right way, not in the politically expedient way.

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