[Congressional Record Volume 141, Number 162 (Thursday, October 19, 1995)]
[Senate]
[Pages S15334-S15335]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        COMMENDATION OF SENATORS

  Mr. COCHRAN. Mr. President, let me commend the distinguished Senator 
from Arizona for his excellent statement and the other Senators who 
have spoken on our side of the aisle tonight on the subject of the 
balanced budget process, the reconciliation bill which will be coming 
before the Senate next week, and the effort that has been made to put 
together a plan to achieve a balanced budget by the year 2002. This is 
a plan that is workable. It is defensible in every respect. It shows a 
new awareness and sense of responsibility for managing the fiscal 
policy of 

[[Page S 15335]]
this country in a more commonsense fashion, getting us to a point where 
on an annual basis we can operate the Federal Government within a 
budget that is in balance; that we do not overspend; that our 
projections are sound and based on reality and facts, not fiction.
  So I think the statements that have been made this evening are very 
persuasive as we approach this point when we will be taking up the 
reconciliation bill. We have already considered a number of 
appropriations bills that have reduced spending from last year's levels 
in accordance with the directions of the budget resolution. So we are 
well on our way to achieving success in this very ambitious undertaking 
and very important undertaking.
  I thank the Senators who have participated in this special order and 
am convinced that the American people are going to support our efforts, 
not just because of the speeches made here but because we are doing the 
right thing.

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