I hope Senators have listened to what the two Senators from North Dakota have said here, my two friends from North Dakota, first Senator Conrad speaking about where the economy is today, defying all the predictions of doom and gloom that we heard when the President proposed his first budget plan. I have served here now for over 20 years, but I remember during the eighties and into the early nineties, the deficits just kept blooming and blooming. We heard a lot of rhetoric about bringing deficits down, but every year the deficits were considerably higher, the national debt quadrupled. President Clinton is the first President I served with, the first President of either party I served with in 22 years that actually brought the deficit down 3 years in a row. It is easy to talk about being in favor of a balanced budget and bringing down deficits. It is hard to do it. The Senators from North Dakota are those who fought hard to bring about the tough questions of bringing down the deficit, but they can also take great pride in what was done for the American family. We have the typical family income up $1,631--that is adjusted for inflation-- since the President's plan passed; household income up. The number of people in poverty is way down. These are things of which to be proud.
Editor's note · Context
Discussing the economic improvements under President Clinton's budget plan.
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