On the recordMay 15, 1997
I rise today to again commend the leaders of Congress and the President for coming together on a consensus to balance the budget and to encourage them to keep up the work. This issue is too important to allow it to be sidetracked. Although a lot of discussion here in Washington is about deficit reductions and long-term economic impacts, I have found many of my constituents and many Americans would like to know how the balanced budget plan affects them and their families. To these people I would say that the balanced budget agreement will have tremendous benefits to them, their families and generations to come. Experts have predicted a balanced Federal budget will help to lower the interest rates in our country and our economy. Having lower interest rates means paying off our credit cards, buying a car, funding education, or buying a home becomes more affordable. A balanced budget means all Americans are one step closer to making these investments. By placing the American dream within the reach of every American without creating more expensive government programs, we will bring our friends, families and communities closer. In short, Mr. Speaker, I want each and every one of my constituents in Illinois and every American to know that the balanced budget plan of 1997 benefits all Americans and helps all Americans to help themselves, which is truly the basis upon which our country was founded.
Source
govinfo.gov




