98 percent of the deficit reduction allegedly comes in the last 2 years. Well, that would be well beyond the current administration's service in the White House. So there is absolute hypocrisy in such a budget to call it a balanced budget. The other thing is that it actually increases the budget next year by an additional $24 billion in terms of deficit spending--another $24 billion in debt.
Discussing budget deficits and spending during a House floor debate.
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