[Congressional Record Volume 141, Number 190 (Thursday, November 30, 1995)]
[House]
[Pages H13810-H13811]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




        BALANCED BUDGET BONUS FOR CURRENT AND FUTURE GENERATIONS

  (Mr. CHRYSLER asked and was given permission to address the House for 
1 minute.)
  Mr. CHRYSLER. Mr. Speaker, a balanced budget by 2002 means a bonus 
for current and future generations. Lower interest rates, for example, 
will mean that people from Michigan will save $3,914 per year on an 
average fixed-rate mortgage. Students at Michigan State University 
would save, on average, $584 on a 10-year student loan.
  Republicans have passed a budget that balances by 2002, paving the 
way for American families to reap the benefits it will bring for our 
economy.
  The President has produced no specific plan to balance the budget. 
His refusal to offer his own details not only risks missing this 
opportunity to have a balanced budget, lower mortgages, 

[[Page H13811]]
cheaper student loans, and a more secure future. It would deny the 
people of Michigan, and all Americans, a brighter future.

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