[Congressional Record Volume 147, Number 26 (Thursday, March 1, 2001)]
[House]
[Page H510]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




        PRESIDENT'S BUDGET IS RESPONSIBLE FOR AMERICA'S FAMILIES

  (Mr. GIBBONS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. GIBBONS. Mr. Speaker, President Bush this week released his 
budget, a budget which is fashioned in the same way that you and I and 
millions of Americans figure out their home monthly budget.
  First, it funds our priorities, including education, health care, 
Social Security, Medicare and Defense.
  Secondly, it pays down the Nation's debt, providing the greatest 
amount of debt reduction in U.S. history.
  Third, the budget includes a $1 trillion contingency fund to ensure 
that the United States can meet any unforeseen or emergency funding 
burden.
  Finally, the money left over is returned to the hard-working people 
of America through responsible tax relief that will not only encourage 
savings, but also spur continued economic growth.
  This budget is responsible. It is visionary, and it is right for our 
future.
  Mr. Speaker, I yield back the criticism of those who refuse to act in 
responsibly and simply want a frivolous way to spend America's tax 
dollars on more wasteful big government bureaucracy.

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