[Weekly Compilation of Presidential Documents Volume 35, Number 12 (Monday, March 29, 1999)]
[Page 521]
[Online from the Government Publishing Office, www.gpo.gov]
<R04>
Statement on Congressional Action on the Republican Budget Proposal
March 25, 1999
The budget that congressional Republicans passed today is a series
of missed opportunities. It fails to lock in debt reduction, fails to
extend the solvency of Social Security and Medicare, and fails to
protect key investments for the American people--from Head Start to
clean water and law enforcement. While this budget marks a reversal from
last year's failed effort by Republicans to drain the entire surplus for
a tax cut, it still does not do enough to pay down the debt and
strengthen Social Security and Medicare.
This year, we have a unique opportunity to build on our success by
passing a fiscally disciplined budget that pays down the debt,
strengthens Social Security, shores up Medicare, and protects key
investments in our children, the environment, and law enforcement. I am
committed to accomplishing these goals to give the American people a
budget that prepares for the future.