[Congressional Record Volume 144, Number 3 (Thursday, January 29, 1998)]
[Senate]
[Page S201]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           TRUTH IN BUDGETING

  Mr. BUMPERS. Mr. President, prior to introducing my bill, let me just 
lend my support to the remarks just made by the Senator from South 
Carolina. He and the Senator from North Dakota, Senator Dorgan, have 
made speech after speech after speech on the floor of this body about 
how we do not have truth in budgeting. We do not have a balanced 
budget. We are not even close to a balanced budget and are not going to 
be for some time to come. And the idea of people talking about tax cuts 
or using the budget surplus, which does not exist, to using that 
surplus to cut taxes or to increase spending is an absolute absurdity.
  I think this year, 1998, we are anticipating a $100 billion surplus 
in Social Security. So I lend my support to what the President said the 
other night. And I lend my support to what the Senator from South 
Carolina just said.
  (The remarks of Mr. Bumpers pertaining to the introduction of S. 1586 
are located in today's Record under ``Statements on Introduced Bills 
and Joint Resolutions.'')
  The PRESIDING OFFICER (Mr. Thomas). The Senator from Ohio.
  Mr. DeWINE. Mr. President, I ask unanimous consent to proceed for up 
to 20 minutes as in morning business.
  The PRESIDING OFFICER. Without objection, it is so ordered.

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