Martin Hoke: “we passed another appropriations bill last night, the VA-HUD bill. It saved $10.5 billion. I am going to put the line…”

“we passed another appropriations bill last night, the VA-HUD bill. It saved $10.5 billion. I am going to put the line here and we will fill it in with green later. What we can see so far is that we have now saved $24 billion, approximately, in the appropriations bills this year. The one thing I want to point out about this in our Sav-O-Meter is that these are real savings. These are not Washington, DC, inside-the-beltway savings. There are actual savings over what we spent last year, not against a baseline, not against some bureaucrat's projection of what we might spend next year, but this is actually money less than what we spent last year. In the agriculture bill we will spend $6.3 billion less in the appropriations for 1996. In Treasury, it will be $1.4 billion less; in Interior; $1.6 billion less; energy and water, $1.6 billion less; and then last night, VA-HUD, $10.5 billion less. That is relief for the American taxpayer. That is getting close to a balanced budget. That means we are not going to be taxing our children, in the most immoral act that this Congress has ever done, for the debt that we throw on them.”