[Congressional Record Volume 143, Number 82 (Thursday, June 12, 1997)]
[House]
[Page H3725]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     THE BALANCED BUDGET AGREEMENT

  (Mr. THUNE asked and was given permission to address the House for 1 
minute.)
  Mr. THUNE. Mr. Speaker, the budget agreement and the legislation that 
will implement that agreement is a good thing for America. It balances 
the budget by the year 2002 and keeps the budget in surplus thereafter. 
It provides $350 billion in gross tax cuts over 10 years for families, 
for education costs, and for economic growth. It ensures Medicare 
solvency for 10 years, it does not touch Social Security, and it 
provides $600 billion in entitlement savings.
  This budget is pro-business, it is pro-family, and it is economically 
responsible. It keeps faith with our children so that they will have a 
sound government, a growing economy, and a brighter future. It is good 
for farmers, for small businesses, and for agriculture because it makes 
important relief in the area of estate taxes and capital gains tax 
relief.

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