[Congressional Record Volume 141, Number 180 (Tuesday, November 14, 1995)]
[House]
[Page H12206]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  PUTTING OUR FINANCIAL HOUSE IN ORDER

  (Mr. GUTKNECHT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. GUTKNECHT. Madam Speaker, in the last several months we were 
warned repeatedly by the administration that if the train wreck 
happened, financial markets would collapse. Well, let us look at the 
facts; Financial markets hit a record high yesterday, and they are up 
again this morning.
  Why? Because Americans are expressing confidence in this Congress. We 
are serious about controlling entitlements and putting our financial 
house in order.
  It is unfortunate that we have been forced to send 800,000 
nonessential Federal employees home. But it would be a tragedy of 
historic proportions if we backed down now on our commitment to balance 
this budget.

                          ____________________