[Congressional Record Volume 141, Number 48 (Wednesday, March 15, 1995)]
[House]
[Page H3162]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                       STOPPING RUNAWAY INFLATION

  (Mr. BOEHNER asked and was given permission to address the House for 
1 minute.)
  Mr. BOEHNER. Mr. Speaker, in my hand is the most expensive credit 
card in the history of the world, a credit card that has piled up 4.7 
trillion dollars' worth of debt and $247 billion in budget deficits for 
as far as the eye can see.
  This credit card is a voting card for Members of Congress. We are 
continuing to imprison our children and theirs by this runaway 
spending.
  Today on this floor House Republicans are going to begin the effort 
to stop this runaway spending with a $17 billion rescission package, 
and in May we are going to lay out a 7-year plan to balance our budget. 
And we believe that this year we need to make a significant downpayment 
on that effort.
  We are going to be hearing from the left how we are hurting this and 
stopping this, all of the pain today. And I will say this: There will 
be pain today, there will be discomfort, but our effort is to make the 
courageous decisions to protect our children and their children.

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