[Congressional Record Volume 142, Number 51 (Friday, April 19, 1996)]
[House]
[Page H3653]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MORE ON THE BUDGET
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from California [Mr. Baker] is recognized for 5 minutes.
Mr. BAKER of California. Mr. Speaker, I yield to the gentleman from
Florida [Mr. Scarborough].
Mr. SCARBOROUGH. I was just going to say, regardless of what is
important to you on issues, we must balance the budget first. We have
got to make sure that on April 15 that Americans are not paying more of
their tax money to service the debt than take care of the things that
Government needs to take care of.
Again, the news today is great news. I read the news today, great
news. We are actually winning the war against the deficit despite the
fact we have had no cooperation from the White House.
Mr. BAKER of California. Mr. Speaker, next year we will go over the
line. We spent more on the interest on the national debt than we do on
defense. You know, this President is not hesitant about deploying our
troops in all kinds of foreign wars. We have to say strong in defense.
Interest on the national debt will exceed what we spend on defense.
Mr. SCARBOROUGH. The same people that vote against balanced budget
are the same people that say we are spending too much money on defense.
Mr. BAKER of California. Fifteen percent of the budget.
Mr. SCARBOROUGH. If we are spending too much money on defense, we are
really spending too much money on interest on the Federal debt. I say
it is time we do what middle-class Americans have done for years, spend
only as much money as you take in, balance the budget and cause an
economic revival in this country that is unprecedented that will lift
all the boats.
Mr. BAKER of California. Amen.
Mr. SCARBOROUGH. Mr. Speaker, I thank the gentleman.
____________________