Ted Stevens: “I support the Republican alternative budget resolution offered by my good friend from New Mexico for three reasons: It…”

“I support the Republican alternative budget resolution offered by my good friend from New Mexico for three reasons: It includes greater deficit reduction than President Clinton's proposal; it fully funds the Department of Defense's Bottom-Up Review force structure, and it addresses the growing problem of entitlements. Over the next 5 years, the Republican alternative would result in more than $322 billion in deficit reduction over the President's plan. It would reduce the deficit to $99 billion in fiscal year 1999 ultimately providing $318 billion in deficit reduction over 5 years. That is $106 billion less than the 1999 deficit projected under the Clinton Plan.”