[Congressional Record Volume 141, Number 188 (Tuesday, November 28, 1995)]
[House]
[Pages H13668-H13669]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               FACTS ABOUT BENEFITS OF A BALANCED BUDGET

  (Mr. KIM asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. KIM. Mr. Speaker, over the past few months, congressional 
Democrats have used every scare tactic possible to attack the 
Republican balanced budget proposal. They accuse Republicans of taking 
away health care for senior citizens, trying to frighten senior 
citizens. Later they found out at the end of 7 years the part B 
premium, the Republican proposal is $87, Mr. Clinton's proposal is $84, 
only $3 difference.
  Then senior citizens find out, and they are really upset. This is 
what they call a deep cut?
  Second, they are accusing that we are stealing school lunches from 
children. Later they found out that actually we are doing more money to 
local 

[[Page H 13669]]
districts by eliminating bureaucrats. Then suddenly they quiet down.
  Finally, we are throwing poor people out in the street for talking 
about earned income tax credit. Again, what we are trying to do is 
eliminating waste and fraud, actually allowing people who have actual 
children to receive benefits. People again quiet down.
  Now in the last few days, guess what is happening now, Democrats are 
trying to scare students by saying Republicans are cutting student 
loans. Oh, come on now, the fact is that our plan increases spending on 
student loans. Under our plan, total spending on student loans, listen 
to this, increased from $24 to $26 billion by the year 2002. That is a 
48-percent increase.

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