On the recordMarch 7, 1995
We entered into a contract with the American people. We entered into that contract in 1994 in this hall, in this Congress. We told the American people that we were going to fund this program and that program, meaningful programs so that we could promote the general welfare of this country. We come right herein 1995 and we rescind or violate that contract. We call it a rescission, but it is not really a rescission. It is a violation of the contract. We entered into a contract with the American people. Now we are rescinding from what we agreed to do. We are talking something away. Like that little kid at Kenilworth who said, what is a rescission? It is when you rescind something, when you take it away. We entered into a contract, and now we are talking it away.
Source
govinfo.gov
