I think the more the American families learn about the facts of this budget, I think the more they are going to like it. Let us look at what it really does. This is a budget that works for every family. The maximum debt elimination; we are going to pay off the redeemable publicly held debt over the next 10 years; tax relief for everybody who pays taxes; improved education for our children, an 11.5 percent increase. Some of us think maybe that is a little too much. A stronger national defense; health care reform that modernizes Medicare. Is it not about time? We set aside $300 billion to start a prescription drug plan for those people who fall through the cracks. Finally, we are going to save Social Security not only for today but for the future. Our friends on the left are going to say, well, this is irresponsible. Well, Mr. Speaker, this was said already today, that according to the Bureau of Labor Statistics the average family budget will go up at a rate of about 4.2 percent. This budget increases the Federal budget by less than that number. I think that is great news for American families.
Gilbert Gutknecht: “I think the more the American families learn about the facts of this budget, I think the more they are going to like it.…”
Editor's note · Context
Discussing the benefits of the proposed budget during a House floor debate.
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