[Congressional Record Volume 141, Number 183 (Friday, November 17, 1995)]
[House]
[Page H13147]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    WHAT A BALANCED BUDGET WILL MEAN

  (Mr. BAKER of California asked and was given permission to address 
the House for 1 minute.)
  Mr. BAKER of California. Mr. Speaker, Republicans are moving forward 
with the first balanced budget in a generation. Our Balanced Budget Act 
will provide the American family with budget bonuses for their own 
checkbook.
  A balanced budget means that interest rates will drop, allowing 
families to save thousands on home mortgages, car loans, and student 
loans. A balanced budget means an additional $32.1 billion in real 
disposable income over the next 7 years. A balanced budget means an 
additional $88.2 billion in capital investment over the next 7 years. 
And a balanced budget means a stronger economy and more job 
opportunities for all.
  With all the benefits a balanced budget will bring to the American 
people, I do not understand why the Clinton Democrats support 
maintaining the status quo. Balance the budget now. Our children's 
generation depends on it.

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