[Congressional Record Volume 144, Number 21 (Thursday, March 5, 1998)]
[House]
[Page H856]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
A BUDGET DEAL IS A DEAL
(Mr. GUTKNECHT asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. GUTKNECHT. Mr. Speaker, back home we say a deal is a deal and a
bargain is a bargain. A farmer back in Minnesota described our deficit
dilemma best when he said the problem is not that we are not sending
enough money into Washington; the problem is that Washington spends it
faster than we can send it in. In other words, ``It is spending,
stupid.''
When I came to Washington, the Congressional Budget Office was
predicting $200 billion deficits for as far as the eye could see, well
into the next millennium. Well, since I came to Washington, we have
eliminated over 300 programs, reformed welfare and dramatically cut the
growth of spending here in Washington. As a result, the Federal budget
is balanced today.
Last August we set tough spending caps. Now the President wants to
renege.
This is what the President is recommending. The blue line represents
what we agreed to spend in our spending caps. Now the President wants
to exceed those by $69 billion.
Mr. Speaker, a deal is a deal. Keep faith with the caps. Let us pay
down some of the debt, and slow down the Washington spending machine.
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