On the recordMay 5, 1994
Today we will have the opportunity to vote for an additional $13 billion in spending cuts. This is an important vote. With this vote we will go over $500 billion in deficit reduction when we take last year's $496 billion package cut and this additional cut: More than $500 billion, one-half trillion dollars, that the American people will not have to pay; More than $500 billion, one-half trillion dollars, that we will not be passing along to the next generation; More than $500 billion, one-half trillion dollars, that will cut the fat, but not the muscle, out of Federal programs. Mr. Speaker, let us just hope that the Federal Reserve is paying attention.
Source
govinfo.gov




