On the recordMarch 10, 1994
The issue is the Defense budget in every other country in the world has come down like an elevator with its cable cut. If you add the total amount that we are spending on Defense, it is more than all the rest of the countries on the planet combined. So I really find it rather shocking to see people standing up and saying if you take $2.4 billion out of an over $2.6 billion budget, it will be the end, as we know it; people will be really left out there, hanging out there with nothing to defend themselves. That really does not pass the giggle test. This is even--it is about 1.5-percent cut, and it was a cut that was not supposed to have been there in the first place. This was an add-on over what we agreed to last year after, as the gentleman from Massachusetts has pointed out, many other add-ons have happened. So let us put this straight and let us be really honest about this. Here is a chance to save some money, real money.
Source
govinfo.gov
