I rise, Mr. Speaker, to engage my colleague from California in the 5th installment of our series of colloquys. The gentleman from California [Mr. Radanovich] and I have in the past now 120 days, I believe approximately, talked about the Contract With America, and the themes behind the Contract With America, and the regulatory reform, and legal reform, welfare reform, and a lot of the initiatives that we campaigned on that formed the Contract With America, and, Mr. Speaker, I have been thinking about that a lot these last days as now this great House turns its attention to Medicare, and the Federal budget, and doing what a lot of us were sent here to do, which is to return a sense of fiscal sanity to this country and to the budget process of this House. And, Mr. Speaker, as I thought about all this, and I thought about a lot of the rhetoric being heard around this town these days, I again thought about the common themes that seem to occur or recur every time we discuss an important issue in this House, and the premise, whenever comes to an economic issue, Mr. Speaker, seems to be all tax cuts cost the United States Treasury in direct proportion to the tax cuts. Tax cuts are mutually exclusive of the budget cuts. There is no multiplier effect when tax cuts put more money into the pockets of individuals and business.
Editor's note · Context
Discussing the themes of the Contract With America and fiscal responsibility in relation to Medicare and the Federal budget.
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