[Congressional Record Volume 141, Number 186 (Monday, November 20, 1995)]
[House]
[Page H13360]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     SEVEN YEARS MEANS SEVEN YEARS

  (Mr. LIVINGSTON asked and was given permission to revise and extend 
his remarks.)
  Mr. LIVINGSTON. Mr. Speaker, Medicaid has gone up, Medicare has gone 
up, veterans benefits are going up. But 7 years is not going up. Seven 
years means seven years. The President committed to 7 years, not 8, 9, 
10, 12, anything else. He committed to 7 years last night, and we are 
going to hold him to it. This is not a goal of a balanced budget in 7 
years, it is a commitment, it is a contract, a rock solid contract.
  Now, Mr. Speaker, we have to go through the implementing legislation. 
The President has to provide his guidelines on how he wants to reach 
that 7-year balanced budget. We will look at his figures. But it is 
going to be balanced within 7 years according to Congressional Budget 
Office scoring. That is a deal.

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