[Congressional Record Volume 141, Number 205 (Wednesday, December 20, 1995)]
[House]
[Page H15210]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               WORDS FROM A PROMINENT AMERICAN POLITICIAN

  (Mr. HEFLEY asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. HEFLEY. Mr. Speaker, I would like to quote from a prominent 
American politician:

       We have to cut the deficit, because the more we spend 
     paying off the debt, the less tax dollars we have to invest 
     in jobs and education and the future of this country. The 
     more money we take out of the pool available savings, the 
     harder it is for people in the private sector to borrow money 
     at affordable interest rates for a college loan or for their 
     children, for a home mortgage or to start a new business. 
     That is why we have got to reduce the debt, because it is 
     crowding out other activities we ought to be engaged in and 
     the American people ought to be engaged in. We cut the 
     deficit so that our children will be able to buy a home, so 
     that our companies can invest in the future, retaining their 
     workers, so our government can make the kinds of investments 
     we need to be strong and smarter and safer.

  These are not the words of Newt Gingrich, but the words of Bill 
Clinton on February 2, 1993, in his budget address. He said it. We 
agree with it. Let us do it. Let us do it now.

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