[Congressional Record Volume 141, Number 169 (Monday, October 30, 1995)]
[House]
[Page H11385]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




[[Page H 11385]]


        BALANCING THE BUDGET FOR OUR CHILDREN AND GRANDCHILDREN

  (Mrs. SMITH of Washington asked and was given permission to address 
the House for 1 minute.)
  Mrs. SMITH of Washington. Mr. Speaker, keeping promises is what it is 
all about, no more excuses, no more Washington gimmicks. It is time to 
do the right thing for America's future. Balancing the budget; that is 
what we have to do.
  Just a few days ago we took an historic step by taking a vote to 
balance the budget. Unlike the past, when Americans were treated to 
empty promises and broken commitments, we are delivering.
  A balanced budget is more than an accounting gimmick. It is about the 
future of my grandchildren and my colleagues' grandchildren, and it is 
about lower interest rates, it is about lower car loans, and it is 
about removing the crushing debt from our children and grandchildren.
  Alan Greenspan said it best. He said, ``Families' real incomes and 
purchasing power would be significantly improved; they would look 
forward to their children doing better than they,'' and that is what it 
is all about.
  Mr. Speaker, when we balance the budget, we are securing the future 
of our children and grandchildren, and that is what families of America 
sent us here to do.

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