I yield myself 2 minutes to explain the purpose of the motion. As I said at the outset when the gentleman from Ohio [Mr. Kasich], the chairman, introduced his motion to go to conference, our purpose here is to see that what comes out of the pipeline resembles in its essential details what we are putting into the pipeline in the form of this budget resolution, and in particular on our side we are concerned that after spending years in restoring the revenue base of the Federal Government to the point where we have got the deficit down to $107.8 billion last September, projected to be below $90 billion, well below it, this coming September, we do not want to make the mistake made in 1981 and undo all the progress that has brought us to this point where we can truthfully say we are within reach of a balanced budget. No. 1, we want to make sure that the tax writing committees, when they undertake to fulfill the reconciliation instructions, will strictly keep to the dictates of this resolution and see to it that the net revenue loss in the first 5 fiscal years from 1998 to 2002 is no more than $85 billion, and in the years 2003 to 2007 is no more than $250 billion. That was the agreement. We want to see it observed. Fundamentally, we are simply reiterating what is the agreement reached among all the parties.…
John Spratt: “I yield myself 2 minutes to explain the purpose of the motion. As I said at the outset when the gentleman from Ohio [Mr.…”
Editor's note · Context
Discussing the importance of adhering to budget resolution agreements during a motion to go to conference.
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