[Congressional Record Volume 141, Number 77 (Wednesday, May 10, 1995)]
[House]
[Page H4676]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE INVISIBLE DEMOCRAT PLAN TO BALANCE THE BUDGET
(Mr. KINGSTON asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. KINGSTON. Mr. Speaker, yesterday House Republican leaders
introduced our 7-year program to balance the budget. Democrats and
liberal critics immediately jumped on it, crying and screaming and
insisting there is another way to balance the budget without cutting
spending.
So to keep the debate in perspective, I thought I would introduce to
the people the Democrat plan to balance the budget and take care of
Medicare. Here it is. Excuse me, it is upside down, backward. There you
go. There you go. This is it, Mr. Speaker, the Democrat plan to balance
the budget and take care of Medicare.
I hope it is not in too much detail for my friends on the other side
of the aisle. I am sorry to get into such detail during a 1-minute
speech. But the fact is, it is May. We have been in session since
January. Balancing the budget is a bipartisan responsibility. We are
$4.8 trillion in debt. The third largest expenditure on the budget is
the interest service on the national debt. Medicare will be broke in 6
years. If we want to help senior citizens, Mr. Speaker, we have got to
do a little bit more than this.
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