On the recordJune 12, 1996
the Republicans then make extreme cuts in health care, in education, in job training, in environmental protection, in research and development, in public transportation and economic development, and they leave the Nation in the year 2002 with over $6 trillion of debt and no revenue to pay it back because they have cut up front the revenue that would be possibly usable for paying that debt back, and that leaves us with $240 billion at least of interest payments on that debt year, after year, after year, without hope of an end to it. But such extremism really is not necessary to balance the budget. Both the coalition budget and the President's balanced budget prove that. So I urge my colleagues to reject this rule and this blueprint for failure. Vote no on this rule and on the conference report.
Source
govinfo.gov
