[Congressional Record Volume 141, Number 194 (Thursday, December 7, 1995)]
[House]
[Page H14181]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         HOOKED ON REAGANOMICS

  (Ms. McKINNEY asked and was given permission to address the House for 
1 minute.)
  Ms. McKINNEY. Mr. Speaker, I have noticed that for the last few 
weeks, my Republican colleagues have stopped talking about saving 
Medicare. That's probably because no one believes that cutting $270 
billion from Medicare while providing $245 billion in tax breaks will 
save anything except the lifestyles of the rich and famous.
  Now the Republicans talk only about balancing the budget. However, 
their so-called balanced budget proposal actually increases the deficit 
next year and the year after that. This should come as no surprise 
considering that their tax breaks come first, while leaving the hard 
spending cuts to future Congresses. That is exactly what Ronald Reagan 
did to increase our debt by $3 trillion.
  Mr. Speaker, it appears my Republican colleagues can't help repeating 
the mistakes of the past. I suppose that's what happens when you're 
hooked on Reaganomics.

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