Political Quotes

“the House has an opportunity to pass a budget resolution for fiscal year 1995 which will help to ensure the continued growth of the U.S. economy and a steady reduction in the Federal deficit. President Clinton announced a Federal budget on February 7 that provides good news for the economy and job creation. President Clinton's budget recommendations revealed that continued progress on reducing the deficit is being made, with the 1995 budget deficit at $176 billion compared to the 1994 deficit of $235 billion. Skeptics of the hard freeze on spending enacted in last year's budget act must now admit that Congress and President Clinton did produce a real deficit cutting agreement in 1993. As a member of the House Budget Committee, I strongly support the budget resolution approved by the committee. This budget builds on the recommendations of the Clinton administration and will promote economic policies that create jobs and help local families buy a home or start a business. The House Budget Committee has also reported a budget resolution that complies with the discretionary spending caps set for fiscal year 1995. Lower deficits should help to keep long-term interest rates low and that helps to create jobs in construction, auto sales and businesses that rely on consumer spending. This reduction in the Federal deficit should also help to maintain home mortgage interest rates at record low levels.”