[Congressional Record Volume 143, Number 68 (Wednesday, May 21, 1997)]
[House]
[Page H3082]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             BALANCED BUDGET AGREEMENT VICTORY FOR AMERICA

  (Mr. THUNE asked and was given permission to address the House for 1 
minute.)
  Mr. THUNE. Mr. Speaker, why do I consider this balanced budget 
agreement to be a major victory for America? Because it balances the 
Federal budget by the year 2002, because the Federal budget deficit 
will decline each year beginning in 1998, because it saves Medicare 
from bankruptcy until the year 2007, because it allows families to keep 
more of their own money, because it contains permanent tax relief for 
American families, and because it sets a new standard in Washington: 
Deficit spending is no longer acceptable.
  This bipartisan balanced budget agreement is a first step toward 
fiscal sanity in this town. It is a first step toward smaller 
government, lower taxes and greater accountability in Washington.
  Balancing the budget will mean that many more American families will 
prosper and more young Americans can realize their dreams of getting 
ahead and building for a better future. That is a victory no matter how 
we score it.

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