[Congressional Record Volume 141, Number 166 (Wednesday, October 25, 1995)]
[House]
[Pages H10846-H10847]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




REPORT ON RESOLUTION PROVIDING FOR FURTHER CONSIDERATION OF H.R. 2491, 
           7-YEAR BALANCED BUDGET RECONCILIATION ACT OF 1995

  Mr. SOLOMON, from the Committee on Rules, submitted a privileged 
report (Rept. No. 104-292), on the resolution (H. Res. 245) providing 
for the further consideration of the bill (H.R. 2491) to provide for 
reconciliation pursuant to section 105 of the concurrent resolution on 
the budget for fiscal year 1996, which was referred to the House 
Calendar and ordered to be printed.
  Mr. SOLOMON. Mr. Speaker, I ask unanimous consent to proceed out of 
order for 5 minutes.
  The SPEAKER pro tempore (Mr. Dreier). The Chair wishes to inform the 
gentleman from New York [Mr. Solomon] that after midnight, it is not in 
order to proceed for 5 minutes under the special order arrangement, but 
the gentleman is recognized for 1 minute and the Chair would like to 
inform the gentleman that he will be very generous with the 1 minute.
  Mr. SOLOMON. I thank the Speaker. Mr. Speaker, the rule that we have 
just filed is the enabling legislation to bring the so-called 
reconciliation bill to the floor, which will guarantee that this body 
is going to act fiscally responsible for the next 7 years and bring 
about a balanced budget.
  Mr. Speaker, the Chair knows, and I know, that the single most 
serious problem facing this Nation today is the 

[[Page H10847]]
deficits that are literally turning this Nation into a debtor nation. 
We are, in effect, no better off than a Third World debtor nation today 
because of it.
  I came here in 1978, 2 years before you, Mr. Speaker, and that great 
President, Ronald Reagan who arrived here in 1980, and we at that time 
started the Reagan Revolution to shrink the size and the power of the 
Federal Government and return that power to the States and to the 
countries, towns, villages, cities, and local school districts, and to 
the private sector.
  Mr. Speaker, we could not quite accomplish it, because we did not 
have control of the House and the Senate. Ronald Reagan, being the 
leader that he was, was forced to compromise and never succeeded in 
doing what we are doing here today.
  Today, Mr. Speaker, you and I and the Republican leadership in both 
the House and the Senate, we now have the votes to pass this kind of 
legislation which is going to restructure this Federal Government. It 
is going to shrink its size and we are going to set that example 
throughout this entire country where we are going to have less 
government, less bureaucratic regulation, so that business and industry 
can strive and be successful in creating jobs and making profits in 
this country.
  So, Mr. Speaker, I appreciate the Chair's indulgence in letting me 
speak this morning.

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