[Congressional Record Volume 142, Number 2 (Thursday, January 4, 1996)]
[House]
[Page H126]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             WE MUST DEAL WITH THE DEBT AND THE DEFICIT NOW

  (Mr. GILCHREST asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. GILCHREST. Mr. Speaker, if there is anybody in the Chamber who 
was born in 1946, they are now the quintessential baby boomer. They are 
50. That means in 15 years or a little bit less or a little bit more, 
they are going to retire. If we do not reform what we are doing now, if 
we do not reform Medicare, there is going to be no health care for 
those retirees.

                              {time}  1415

  Mr. Speaker, if we do not reform Social Security, there is going to 
be no Social Security for those retirees. If we do not do something 
about the debt, which is about $5 trillion, there will be no economic 
structure for the baby boomers' children to operate under.
  It is time for us to deal with this debt, with this budget. We want 
to put the Federal workers back to work. We want the President to sign 
the bills, which he can today, to put these people back to work. We 
need to get rid of the politics, shift the focus back to the budget and 
some of this Nation's problems.

                          ____________________