Cass Ballenger: “the Clinton crunch is upon us. No, this is not a new kind of cereal. It does not go snap, crackle, and pop if you pour…”

“the Clinton crunch is upon us. No, this is not a new kind of cereal. It does not go snap, crackle, and pop if you pour whitewater--or should I say milk--over it. No, Mr. Speaker, the Clinton crunch is a disease that infects middle-class America. Its symptoms? Higher taxes and stagnant wages. Its cause? The policies of the Clinton administration. The cure? Lower taxes and a balanced budget. Mr. Speaker, it is true, the Clinton crunch is upon us. Luckily, there is still hope for middle-class America. But we must act soon. We must cut taxes and we must balance the budget. Unfortunately, the current occupant of the White House does not seem that interested in cutting taxes or balancing the budget. In fact, he would rather feed the Clinton crunch with higher taxes and more Washington spending. Mr. Speaker, the differences could not be clearer. Bill Clinton wants higher taxes and higher spending. House Republicans want lower taxes and less spending. Which do you think is the cure for the Clinton crunch?”