[Congressional Record Volume 141, Number 126 (Tuesday, August 1, 1995)]
[House]
[Page H8075]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REAL SAVINGS IN APPROPRIATIONS BILLS
(Mr. HOKE asked and was given permission to address the House for 1
minute.)
Mr. HOKE. Mr. Speaker, we passed another appropriations bill last
night, the VA-HUD bill. It saved $10.5 billion. I am going to put the
line here and we will fill it in with green later. What we can see so
far is that we have now saved $24 billion, approximately, in the
appropriations bills this year.
The one thing I want to point out about this in our Sav-O-Meter is
that these are real savings. These are not Washington, DC, inside-the-
beltway savings. There are actual savings over what we spent last year,
not against a baseline, not against some bureaucrat's projection of
what we might spend next year, but this is actually money less than
what we spent last year.
In the agriculture bill we will spend $6.3 billion less in the
appropriations for 1996. In Treasury, it will be $1.4 billion less; in
Interior; $1.6 billion less; energy and water, $1.6 billion less; and
then last night, VA-HUD, $10.5 billion less.
That is relief for the American taxpayer. That is getting close to a
balanced budget. That means we are not going to be taxing our children,
in the most immoral act that this Congress has ever done, for the debt
that we throw on them.
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