On the recordJune 12, 1996
Mr. Speaker, this budget plan is the only plan, only plan, that fulfills the commitment to balance the budget by 2002 with lower deficits than the President's budget in every single year. It provides a $500 per child tax credit for working families. It in fact reforms Medicare. It preserves it and protects it, and it will extend the solvency of the trust fund for the next 10 years, a trust fund we all know is not going broke by 2002. It is probably not even going broke by 2001, but will go broke before the end of this century, according to the worst-case scenario of the trustees' plans. It has broad coalition support from a large number of groups that represent the entire spectrum of thinking: The NTU, Citizens Against Government Waste, Americans for Tax Reform, the United States Chamber of Commerce, the United States Seniors' Association, Associated Builders and Contractors, and so forth, and so forth.
Source
govinfo.gov
