John Spratt: “Well, in 1995 and in 1996 we had better and better bottom lines because we had a PAYGO rule, and we had discretionary…”

Failed Republican economic policies had brought the financial system dangerously close to a complete meltdown and had driven the economy into its deepest recession since the 1930s.

To supplement my remarks about statutory PAYGO, I would like to include in the Record the attached section of the bill. Madam Speaker, at the outset of the 1990s, the Congress passed the Budget Enforcement Act for a simple purpose: to…

Thank you very much indeed.

Today, I rise to support a bipartisan bill that will help rebuild our manufacturing sector and continue our economic recovery. I am proud to be a cosponsor of the ``Currency Reform for Fair Trade Act.'' The legislation was introduced in…