Absolutely. Moreover, that was a budget for 5 years. That was a 5-year plan in 1993. This is a 10-year plan. Additionally, the resolution was used in that instance to reduce deficits, not to increase them. Finally, my good friend from New Mexico speaks of that 1993 budget as a role model. Not one of the Senators on that side of the aisle voted for it. Not one Republican in the House voted for it. What did it do? It put the Nation on the course for reduction of the deficits and for the accumulation of huge projected surpluses. Whether they ever materialize or not is another question. But what are we so afraid of? Why is this Senate afraid to see the President's budget?
Cord Byrd: “Absolutely. Moreover, that was a budget for 5 years. That was a 5-year plan in 1993. This is a 10-year plan.…”
Editor's note · Context
Discussing budget plans and deficit reduction during Senate floor debate.
Share
More from Cord Byrd
If the administration's request for 2008 is funded in full, appropriations for military operations and other war-related activities in Iraq, Afghanistan, and elsewhere in the war on terrorism will rise to $188 billion this year and to a…
I will oppose the joint resolution of disapproval and vote to release these funds, but I do so adding my voice to those putting the incoming administration on notice. This is an enormous sum of money and authority being given to the…
this week, March 1 through March 7, is National Peace Corps Week. It marks the 49th anniversary of this unique and important government agency. When proposing the creation of the Peace Corps to Congress, President John F. Kennedy declared…
I was saddened to learn that my good friend and former colleague, Senator Howard Metzenbaum, has passed away. He was a man of courage, conviction, commitment, and toughness. He was a labor lawyer and union lobbyist, who grew up in poverty…





