[Congressional Record Volume 144, Number 1 (Tuesday, January 27, 1998)]
[House]
[Page H21]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             HARDWORKING AMERICANS ARE BALANCING THE BUDGET

  (Mr. NEUMANN asked and was given permission to address the House for 
1 minute.)
  Mr. NEUMANN. Mr. Speaker, it has started already. We are back here 
less than 6 hours and I am already hearing the demagoguing begin: The 
Democrats have balanced the budget. The American people know better, 
and I am going to shock my Republican colleagues right now. It is not 
the Democrats that have balanced the budget or the Republicans that 
have balanced the budget; it is hardworking American citizens that have 
taken the investment opportunities, invested their money and saved, 
gone to work every day and worked hard. That is what has kept our 
economy strong and it is because the economy is strong that we are 
reaching a balanced budget.
  I do think it is important to state, though, for the first time since 
1969-1970, for the 12 months running between December 1, 1996 and 
November 30, 1997, for the first time in nearly 30 years, the United 
States Government did not spend more than they had in their checkbook.
  Where the credit goes is somewhat irrelevant. What is important is 
for the first time in 30 years, we are doing the right thing for the 
future of this great Nation that we live in.

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