Nick Smith said "Mr. Chairman, very briefly, each one of these bars represents how much money has been spent by the Federal Government for each one of these years, 1994 through 2003. In 1994 we started out at $1.4 trillion. We are ending up in the committee's budget at $1.9 trillion. What happens? I am going to draw a line here. The budget of the gentleman from Wisconsin (Mr. Mark Neumann) suggests that we stay with inflation, and we actually reduce very slightly the spending over the next 5 years. The Democrat or the Spratt budget actually suggests that we increase spending. It is important to know that we have to live within inflation." @ PoliticalQuotes.com

On the recordJune 5, 1998

Mr. Chairman, very briefly, each one of these bars represents how much money has been spent by the Federal Government for each one of these years, 1994 through 2003. In 1994 we started out at $1.4 trillion. We are ending up in the committee's budget at $1.9 trillion. What happens? I am going to draw a line here. The budget of the gentleman from Wisconsin (Mr. Mark Neumann) suggests that we stay with inflation, and we actually reduce very slightly the spending over the next 5 years. The Democrat or the Spratt budget actually suggests that we increase spending. It is important to know that we have to live within inflation.

Said by

Nick Smith

Republican · Michigan

Source

govinfo.gov

Editor's note · Context

Discussing federal budget spending from 1994 to 2003 during a committee meeting.

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