I simply want to stand before the House and point out that we are on the verge of a truly historic vote here over the next couple of hours. I believe that this body, in a bipartisan manner, will vote later this afternoon to approve House Resolution 3019, which is the omnibus appropriations spending bill, and that that legislation will mark the end, the successful end to the 1996 Federal fiscal year. What makes this such a signal event and such a historic occasion is the fact that this bill, coupled with the spending cuts that were made last year in fiscal year 1995 combined, will equal savings to the taxpayer of $32 billion, resulting in the lowest projected deficit in 14 years and the single largest cut in Government spending since World War II. So I think it is safe to say that this legislation reverses decades before of runaway Federal Government spending.
Frank Riggs: “I simply want to stand before the House and point out that we are on the verge of a truly historic vote here over the…”
Editor's note · Context
Discussing the significance of House Resolution 3019, the omnibus appropriations spending bill.
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