On the recordFebruary 9, 2000
the topic this morning for our morning business is the President's budget, a budget released by the President several days ago that is a continuation of a strategy of the past 7 years, a strategy which has paid off for America. There are those who have rejected this budget. There are those who have said it is a disaster. There are those who have used the timeworn cliche that the President's budget is dead on arrival. For those who want to use this medical analogy, let me remind them of another medical admonition: First, do no harm. Those who would criticize the President's budget should come up with their alternative. Let them see if they can match the performance of the Clinton administration over the last 7 years. Let them come up with a formula that is sensible, that will move this country forward as quickly and as positively as President Clinton's plans have during the course of his administration. His budget says we have a strategy based on fiscal discipline, a strategy which will bring down the national debt and say to our children: We will not saddle you or burden you with debt that we incurred during our lifetime for our purpose. That is the linchpin and pillar of the President's budget, and it is sound. It is sound for our future. The President says that as we bring down this national debt, we will preserve Social Security so it is there not only for the current retirees, but the baby boomers and beyond.
Source
govinfo.gov




