Neal Dunn: “In 1985 a balanced budget deal was agreed to amid great fanfare. In 1990 a balanced budget deal was agreed to amid…”

“In 1985 a balanced budget deal was agreed to amid great fanfare. In 1990 a balanced budget deal was agreed to amid similar exuberance. In 1993 a balanced budget deal was agreed to that was greeted with more high praise from the liberal media. The budget is still not in balance. Mr. Speaker, what is it about this balanced budget agreement that is different? First, under a Republican Congress, the economic assumptions are conservative and realistic. Second, this budget includes the strongest step in entitlement reform since our welfare reform proposals of last year. Third, the resolve of the Republican Congress to balance the budget is the strongest this country has seen since 1954. Conservative economic assumptions, entitlement reforms, and Republican resolve, those are the keys to this balanced budget agreement. That, Mr. Speaker, separates this budget agreement from the failed promises of previous balanced budget deals.”