[Congressional Record Volume 143, Number 96 (Wednesday, July 9, 1997)]
[House]
[Page H4919]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   GIVING CREDIT WHERE CREDIT IS DUE

  (Mr. BALLENGER asked and was given permission to address the House 
for 1 minute.)
  Mr. BALLENGER. Mr. Speaker, it is time to give credit where credit is 
due. In today's Washington Post on the front page there is an article 
announcing that the budget could be balanced ahead of schedule. The 
budget could be balanced as early as next year. How can we explain this 
good news? Let us recall a little history.
  In 1993, the President submitted a budget with huge deficits as far 
as the eye can see. In 1994, the President submitted a budget with huge 
deficits as far as the eye can see. In 1995, the President submitted 
three budgets with huge deficits as far as the eye can see.
  But in 1995 a big change came to Washington. Republicans came to town 
promising to balance the budget and they were serious. They insisted 
that the President join us in an effort to balance the budget, and the 
President finally agreed. Our determination and seriousness is now 
paying off. We are perhaps only 1 year away from a balanced budget. 
That is a victory that all Americans should celebrate.

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