[Congressional Record Volume 141, Number 81 (Tuesday, May 16, 1995)]
[House]
[Page H4966]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                    IT IS TIME TO BALANCE THE BUDGET

  (Mr. CHABOT asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. CHABOT. Mr. Speaker, once again I think we can see clearly that 
Medicare spending goes up from $4,700 per recipient up to $6,300 per 
recipient. It is not a cut, it is as simple as the figures right here.
  Mr. Speaker, in 1969 Neil Armstrong set foot on the moon. Joe Namath 
predicted a Jets victory in Superbowl III and my home State, Ohio 
State, won the Rose Bowl. In 1969, that was the last time that Congress 
passed a balanced budget.
  Today, 26 years later, the Republican majority is trying to repeat 
history. We have submitted a historic plan to once again balance the 
Federal budget. For the past 26 years, Congress let the Federal budgets 
grow and grow and grow. The social spending programs of the sixties 
ballooned and blossomed. They raised taxes, but they could not kick the 
spending habit. It is time, finally, that we balance this budget. We 
begin this week.

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