Political Quotes

On the recordMay 12, 1994
I will just move on quickly and say that the budget before us is a solid work product. It is a necessary continuation of last year's very successful and, I would say, historic deficit-reduction plan. It contains $13 billion in cuts below the preexisting discretionary caps. It assumes the President's 300 program reductions and terminations as well as his investment priorities in education, child nutrition, health and crime prevention. It contains the strongest statement yet on record by the Senate in favor of overall entitlement restraint. More important, it reaffirms the best deficit path that we have seen in a decade--in over a decade. As a percent of gross domestic product, the 1995 deficit is lower than any time since 1979. The 1998 deficit will be $200 billion less than before we passed last year's plan, and projections for the 1999 deficit have been cut in half. So, Madam President, the progress is real. The American people can feel it. They can feel it in an improved domestic economy. They can feel it in an improved international standing. There is no creditable policy reason for voting against this resolution, and there are profound reasons for voting for it.
Said by
James Sasser
Tennessee

Editor's note · Context

Discussing the budget and its implications for deficit reduction.

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