[Congressional Record Volume 142, Number 9 (Wednesday, January 24, 1996)]
[House]
[Page H777]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    WHY WE DO NOT HAVE A BUDGET DEAL

  (Mr. WYNN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WYNN. Mr. Speaker, the President has presented a balanced budget: 
Seven years with CBO scoring. So why do we not have a budget deal? I 
will tell you why, because the Republicans insist that they want to 
give tax breaks to the rich. The President made prudent budget cuts, 
but he protected the beneficiaries of Medicare and Medicaid.
  Medicare guarantees hospital care for seniors. Medicaid guarantees 
nursing home care for seniors and for the disabled. But the Republicans 
want to cut these programs. They want to cut $270 billion out of 
Medicare, they want to cut $163 billion out of Medicaid, and they want 
to give a tax break of $245 billion largely to the rich. According to 
the Treasury Department, half of the tax breaks go to people making 
over $100,000 a year, and that is wrong.
  There is a difference. The Republicans believe in an America that 
says every man or woman for himself. The President and the Democrats 
believe we are a caring society and the standard of that society is we 
take care of our seniors, our disabled people, and our young people. We 
have a balanced budget. The problem is they want to give tax breaks to 
the rich.

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