[Congressional Record Volume 143, Number 28 (Thursday, March 6, 1997)]
[House]
[Pages H771-H772]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TIME FOR A BALANCED BUDGET
(Mr. WELDON of Florida asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. WELDON of Florida. Mr. Speaker, this country is in a time of
need. What our constituents need is a budget that will stay balanced.
It is our obligation to provide that for them. Mr. Speaker, the
President has proposed a budget that does not offer what we
[[Page H772]]
have been striving for. The Congressional Budget Office has revealed
that this plan would leave an unsettled deficit of at least $69 billion
by the year 2002. Additionally, his Medicare proposal does not keep the
Medicare plan in balance for 10 years as he has proposed.
Furthermore, his savings in Medicare essentially amount to a shell
game, moving expenses from part A to part B, out of the Medicare plan
into the general revenue which comes out of general withholding of all
taxpayers.
Mr. Speaker, it is imperative that the President send us an honest
balanced budget, additionally that he send us a plan that will truly
achieve solvency for the Medicare plan so that our seniors will be able
to have the health care that they need.
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