[Congressional Record Volume 142, Number 55 (Thursday, April 25, 1996)]
[House]
[Pages H3825-H3826]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           BACKWARD ECONOMICS

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, see if this makes any sense: Uncle Sam 
gives billions of dollars to Russia in foreign aid; Russia then uses 
American money to build weapons. Uncle Sam then gives billions of 
dollars to China through the most-favored-nation trade program; China 
then buys weapons from Russia with money made in America.
  Now, China makes money, Russia makes money, and, meanwhile, to stay 
afloat, America borrows money from Japan. America then uses that 
borrowed money from Japan to protect Japan and to protect Japanese oil 
in the Persian Gulf. That is right, Japan gets 95 percent of their oil 
from the Persian Gulf. Meanwhile, back in America, Americans are not 
only paying higher fuel taxes, they are now paying $2 for a gallon of 
gasoline.
  Beam me up here. Somebody in Washington, DC, does not need to see any 
more economists, they need to visit a proctologist. Folks, this thing 
is all screwed up.
  I yield back the balance of all these Btu's.

[[Page H3826]]



                   BIG SAVINGS FOR AMERICAN TAXPAYERS

  (Ms. DUNN of Washington asked and was given permission to address the 
House for 1 minute and to revise and extend her remarks.)
  Ms. DUNN of Washington. Mr. Speaker, today the 104th Congress will 
vote to end big government. By the end of the day today, we will have 
saved taxpayers $43 billion over the length of the 104th Congress, the 
largest single cut in government spending since World War II. 
Translation: $688 for a family of four.
  With passage of today's legislation, this Congress will end over 200 
programs, more than 100 in Labor, Health and Human Services alone, $12 
million on a tick eradication program for cattle in Puerto Rico, and 
$14 million for the U.S. Travel and Tourism Association.
  The bill strengthens priority programs that our constituents said are 
important to them: An additional $400 million for veterans medical 
benefits, support for our troops in Bosnia, and antiterrorism programs 
in Israel.
  This bill does not just put the brakes on runaway Federal spending, 
it reverses it. Finally America's values have triumphed over 
Washington, DC, values. This truly is a historic day.

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