[Congressional Record Volume 141, Number 181 (Wednesday, November 15, 1995)]
[House]
[Page H12355]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1030
                       SPENDING BINGE HAS TO END

  (Mr. WALSH asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WALSH. Mr. Speaker, the mandate from Americans in last year's 
elections was clear.
  Cut the fat in Government. Rein in the spending. Save our country. 
The spending binge has to end.
  We promised our constituents we would balance the budget. President 
Clinton, you are standing in the way. This is not a political campaign. 
We are talking about the future of our country.
  Republicans have produced a budget which spares the vulnerable.
  Our budget will not cut spending on important programs. It allows for 
growth at a sustainable rate.
  Student loans: In 7 years, annual student loan spending goes from 
$24.5 to $36.4 billion in 2002.
  Medicaid: In the past 7 years, Medicaid spending totaled $443 
billion. In the next 7 years, $773 billion.
  Medicare: In the past 7 years, we spent $926 billion. In the next 7 
years, $1.6 trillion.
  Over the next 7 years, Medicare spending per beneficiary will 
increase 40 percent.
  We have promised taxpayers we will balance the budget. We will do 
that.
  It's time for President Clinton to say no to spending, and yes to our 
children.
  If not now, when, Mr. President?

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