On the recordJuly 8, 1997
I think our time has about expired. I think you have summarized very well where we were, where we are and where we are going. The negative naysayers said you cannot balance the budget, you cannot provide tax relief, you cannot reform welfare, you cannot save Medicare, not all at the same time. Well, it is happening. This chart illustrates very clearly where we were. For the last 20 years, we spent, this Congress spent $1.22 for every dollar they took in. We are now spending less than $1.04 for every dollar we take in. We are making real progress. We are on the right track. The American people understand that. And we are going to balance the budget and let people keep more of what they earn.
Source
govinfo.gov
