Charles W. Stenholm: “it is not too late to reverse the actions of last week's budget vote and still continue to attack the deficit. I am…”

“it is not too late to reverse the actions of last week's budget vote and still continue to attack the deficit. I am very, very concerned that after 4 years of continuously declining deficit, we now see again in the chart that instead of continuing the trend to balance, we are going to borrow an additional $99 billion over the next 2 years in order to give ourselves a tax cut with borrowed money. That does not make sense. Also when we look at the budget last week, and now we hear the discussions going on about whether we are going to combine welfare and Medicaid with a tax cut, we find we are postponing the difficult choices. The difficult cuts are going to be postponed until 2000, 2001, and 2002. Mr. Speaker, please, let us reverse that. Let us get the House back in the same direction we were going in 4 consecutive years of the deficit coming down. Let us not give up now. Let us continue now with some good bipartisan support for deficit reduction and not increasing our Nation's debt.”