[Congressional Record Volume 142, Number 90 (Tuesday, June 18, 1996)]
[House]
[Page H6434]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 IT IS NOT TOO LATE TO REVERSE THE ACTIONS OF LAST WEEK'S BUDGET VOTE 
                AND STILL CONTINUE TO ATTACK THE DEFICIT

  (Mr. STENHOLM asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. STENHOLM. Mr. Speaker, it is not too late to reverse the actions 
of last week's budget vote and still continue to attack the deficit. I 
am very, very concerned that after 4 years of continuously declining 
deficit, we now see again in the chart that instead of continuing the 
trend to balance, we are going to borrow an additional $99 billion over 
the next 2 years in order to give ourselves a tax cut with borrowed 
money. That does not make sense.
  Also when we look at the budget last week, and now we hear the 
discussions going on about whether we are going to combine welfare and 
Medicaid with a tax cut, we find we are postponing the difficult 
choices. The difficult cuts are going to be postponed until 2000, 2001, 
and 2002.
  Mr. Speaker, please, let us reverse that. Let us get the House back 
in the same direction we were going in 4 consecutive years of the 
deficit coming down. Let us not give up now. Let us continue now with 
some good bipartisan support for deficit reduction and not increasing 
our Nation's debt.

                          ____________________