On the recordMay 20, 1997
This budget does not do everything that we would like it to do, but it is an important next step in the process. It moves us forward. It moves us towards fiscal responsibility and it does so in a very positive framework. It keeps us moving not towards balance, I do not think we will ever have a balanced budget. What it does is it moves us to surplus. We will actually have a surplus, hopefully, before the year 2002 but probably no later than the year 2002. It begins reform of entitlements. It slows the growth of Federal spending. Yes, it does return some tax dollars back to the American taxpayers. That is a solid framework for which this Congress can be proud, and it is a bipartisan step forward. We now need to build on this agreement. In the next 45 days, we need to pass the legislation that puts in place the actual entitlement reforms, and we need to put in place the legislation that actually reduces the tax burden on the American taxpayers.
Source
govinfo.gov




