On the recordMarch 11, 1997
it just seems to me, and this chart points it out even more clearly, I said that 70 percent of the reduction takes place in the last weeks of the last 2 years, and my colleague is saying that virtually all of the deficit reduction under the President's plan, 98 percent, takes place during the last 2 years. It would seem to me that, if we are going to be serious about deficit reduction and getting to a balanced budget, that we ought to start in earnest right away to make a serious step down of the deficit to take place beginning in 1998 and not waiting until the year 2000. Would my colleague agree with that analysis?
Said by
Jim Saxton
Source
govinfo.gov