Gilbert Gutknecht: “Mr. Chairman, in his immortal poem, ``The People, Yes,'' Carl Sandberg said essentially, ``The will of the people will…”

“Mr. Chairman, in his immortal poem, ``The People, Yes,'' Carl Sandberg said essentially, ``The will of the people will prevail.'' For many years, and I remember when I was in the State legislature, we would send petitions to the Congress asking them to balance the budget. Finally, we are reaching a point where it is within our grasp, and I think it is a historic and important night. I was interested, in listening to this debate, some of our more liberal friends on this side continue to talk about winners and losers. But I am intrigued because there was a President from Massachusetts a few years ago, and he said that a rising tide lifts all boats. That is what this budget is about. It is not about winners and losers. It is about everybody winning. Under a balanced budget, we will see lower interest rates, we will see stronger economic growth. It is about rising tides for all boats. We talked about projections earlier, and the CBO was wrong. Frankly, they have been wrong more often than they have been right. But the most important thing is, we are ahead of our goal, we are under budget, we are moving in the right direction, and the American people are happy about it. Why? Because they are the biggest winners. The American people understand that. They understand who the winners are; they are, because the size and scope of the Federal Government is going to shrink.”