[Congressional Record Volume 142, Number 64 (Thursday, May 9, 1996)]
[House]
[Page H4660]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPUBLICANS COMMITTED TO FUTURE GENERATIONS
(Mr. FOLEY asked and was given permission to address the House for 1
minute.)
Mr. FOLEY. Mr. Speaker, there they go again, distorting the record.
This Republican Congress increases the spending on Medicare each and
every year for the next 7 years. We increase it over $305 billion. This
Congress is committed to the senior citizens of America, but we are
also committed to the future generations.
We are $5 trillion in debt, my colleagues, $5 trillion, costing us
$300 billion, $300 billion in interest payments alone that could go to
critically needed programs if we would get our fiscal house in order.
It is easy for the other side to make accusations, but this
Republican Congress has been steadfast in its determination to balance
the budget. We have done it with real numbers, honest numbers,
addressing the American public's desire for reform of government. We
have been in the forefront of that debate, and to be criticized for
cutting Medicare once again by the other side is a lie, is a sham, and
is distasteful and disgraceful on behalf of the minority party.
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