[Congressional Record Volume 143, Number 85 (Wednesday, June 18, 1997)]
[House]
[Page H3868]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BALANCE THE BUDGET WITH DISCIPLINE
(Mr. GREEN asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. GREEN. Mr. Speaker, the tax bill crafted by the gentleman from
Texas [Mr. Archer] has some good items in it. Every American would like
to have a tax cut, whether it be an income or estate or a capital gains
tax. But I am beginning to fear that we are losing sight of the ball,
that we originally came here in the early 1990's to balance the budget.
When President Clinton was elected in 1992 we had a deficit of $290
billion. This year that deficit is expected to be $57 billion. What are
we seeing now? We are seeing an unfair tax bill that may be passed by
this House that will make the tax cuts so large that we will not have
that balanced budget, maybe not even by 2002.
Let us pass a reasonable tax cut that treats parents and college
students fairly, working parents fairly, and even investors. But let us
not lose sight of the ball to balance that budget as soon as we can.
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