this afternoon we must decide whether to stay the course or set out in a new direction. The budget before us today was prepared by the Clinton administration and rubber stamped by the Budget Committee. It follows the basic directions laid out last year in the 5-year plan devised by President Clinton. I had serious reservations about that plan when it was discussed in this room a year ago, and today I am absolutely convinced that it is taking us in the wrong direction. Granted, objecting to any initiative is easy if one fails to put forth some alternative proposal. Indeed, I would not waste your time, Mr. Chairman, or that of my constituents by suggesting that the President is wrong unless I held a superior plan in my hand--the Kasich budget. Why is the Kasich plan better? I'll give you five reasons. First, the Kasich alternative would refrain from spending $152 billion over the next 5 years that would otherwise be borrowed and spent under the Clinton plan. That is fiscal discipline and it results in lower interest costs in the short term and less accumulated debt over the long term.
Editor's note · Context
Discussing budget proposals and alternatives during a House floor debate.
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