On the recordMarch 3, 1994
I do not usually take 1 minutes, but sitting here listening to the 1 minutes I became very, very amused because some very intelligent people would have us believe that somehow or other last year's budget process had something to do with the upturn of the economy. Now, those very intelligent people certainly remember that the upturn of the economy began in the third quarter of 1992, I repeat, the third quarter of 1992. That is before we got to the budget process. I would also remind them that we will not know what effect April 15 will have on the economy until about December of this year. I hope that it will not have an ill-effect, but we will not know that for another several months.
Source
govinfo.gov
