Political Quotes

George H.W. Bush: I don't think it will be balanced by 1996. I do think a lot depends on what happens in the congressional elections next…

On the recordFebruary 16, 1992
I don't think it will be balanced by 1996. I do think a lot depends on what happens in the congressional elections next year. As Senator Rudman knows, we have fought--he's been way out front on trying to get the Federal deficit under control and keep spending under control. And remember, Congress appropriates every single dollar and instructs us how to spend every single dollar. We're going to keep what we call the caps on spending. That 1990 budget deal was very controversial because there was a tax increase in it. People forget, however, there was spending caps put on what they call discretionary spending. A lot of spending the President has no control over, for example, Social Security and Social Security increases. And I don't want to fool with Social Security. I think people are entitled to receive those checks and have them on schedule. But we will fight to keep those caps on. I have in my proposal a program to eliminate about 250 programs, just get rid of them altogether, and that's $4 billion right there. And the answer, and I'll be taking this to the country in the fall, is send us more people to the Congress like Bill Zeliff here, Senators like Rudman and Smith. And then I believe we can get the Congress to spend less and to get on with getting the deficit down. As I look at the schedule ahead, I cannot pledge that it will be in balance by then. And if anybody does, ask them to show you how they're going to do it, given the entitlement programs that are on the books and need to be there, Medicare, Medicaid, Social Security. We're not going to be able to eliminate those. Change the health care, put in our health care plan; I think that will help. Keep the caps on; I think that will help. Yes, ma'am. Domestic Policy
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George H.W. Bush
Republican · Texas

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