On the recordOctober 6, 1998
after 2 years of being stricken and terrified with a Democrat House of Representatives, a Democrat Senate and a Democrat White House, the American people in 1994 changed horses. We put Republicans in charge of the House and the Senate, and what a difference it made as compared to when the Democrats were running the show, pushing for socialized medicine, and pushing and passing the largest tax increase in the history of the country, pushing for all kinds of new regulations on the American families and businesses. Republicans got in there, worked for balancing the budget. Now for the first time since 1969 the budget is balanced. Medicare reform. 1995, when the trustees said Medicare was going broke, went in and on a bipartisan basis saved and protected Medicare. And on the economy, by slowing down the rate of growth in government the economy has moved, and here is an indication of it where the Dow Jones industrial average in 1994 was at 3800. By 1998 it had gone towards the 9,000 level. That means lots of new jobs for American workers, and that shows what kind of a difference the ballot box can make.
Source
govinfo.gov




