[Congressional Record Volume 141, Number 77 (Wednesday, May 10, 1995)]
[House]
[Page H4677]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1130
                         THE REPUBLICAN BUDGET

  (Mr. DeFAZIO asked and was given permission to address the House for 
1 minute.)
  Mr. DeFAZIO. Mr. Speaker, the gentleman referenced the balanced 
budget. He cannot get to a balanced budget while increasing military 
spending, cutting taxes for the wealthy and the largest corporations, 
and here is the proof, the Republican budget.
  It is impossible to do that unless, unless you want to gut virtually 
every other program of the Federal Government from child nutrition to 
student loans, to Federal law enforcement, to veterans benefits, 
Medicare, and, yes, Social Security.
  They will all take a massive cut so the Pentagon can continue its 
wanton spending and the wealthy can put another BMW in the garage. I 
expected that kind of a budget, but never, never did I expect that the 
Republicans would go back on their pledge to not touch Social Security.
  Buried deep in this budget is a little change in the COLA factor, 
just a little change. It will cut future retirement benefits for 
veterans, future retirement benefits for military retirees, future 
benefits for every Civil Service retiree. And yes, Social Security 
benefits, too, starting in 1999 will be reduced by their budget.

                          ____________________