Political Quotes

On the recordJanuary 5, 1996
I hope what I say is worth hearing to the American people. If you have been listening to the budget debate, you have heard Member after Member talk about reducing the deficit, and it is not so, folks, and the Congressional Budget Office has scored the plan put forward by the gentleman from Ohio for next year, the only year that this Congress could really vote on, because we are only elected for 2 years at a time. The truth of the matter is that the budget by the gentleman from Ohio, as introduced, would increase the annual operating deficit of this Nation from $236 to $270 billion, and hidden in there is the theft of about $100 billion from the trust funds that people pay into when you pay your FICA taxes, your social security taxes. That is not a plan to balance the budget. You do not balance the budget by taking your first step backwards. There is a plan to balance the budget. It was put together by a group of people, mostly conservative Democrats, but some of them are now Republicans. It is called the Coalition budget.
Said by
Gene Taylor
Mississippi

Editor's note · Context

Addressing the budget deficit during a debate on fiscal policy.

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