[Congressional Record Volume 141, Number 171 (Wednesday, November 1, 1995)]
[House]
[Page H11591]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    THE DEFICIT HAS ALREADY BEEN CUT

  (Mr. GENE GREEN of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. GENE GREEN of Texas. Mr. Speaker, Members, we hear talk about the 
7-year balanced budget and the 10-year balanced budget.
  We did not develop the debt that we have or the deficit in 7 years or 
even 10 years. In fact, in the 1980's, the deficit exploded, but it 
took us decades to get the financial house in the shape that we have it 
now. In fact, in 1992, the last year of a Republican administration in 
the White House, we had a $290 billion deficit. This year, that deficit 
is down to $163 billion.
  Now, whether we talk about 7 years or 10 years, that is all a 
political game. What we are talking about is that we reduced the 
deficit under a Democratic President, without cutting Medicare, without 
cutting education, and without raiding the pension plans.
  We do not need to let Medicare wither on the vine, Mr. Speaker.

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