I thought I would conclude my hour this evening by wrapping up what we have been talking about. The discussion has been about more Washington and more Washington control of our lives versus less Washington and less Washington control of our lives, and the integrity of this Government in general. We started with the past. We started with before 1995. We started with the broken promises of the Gramm-Rudman-Hollings bill, how they promised to get to a balanced budget but never got around to doing it; how in 1993 the way they decided to get to a balanced budget was to raise taxes on the people, and the people in 1994 said: Enough of that stuff; We do not want any more broken promises; We do not want any more tax increases. They elected a new group of people to the House of Representatives. They elected Republicans to control the House and Republicans to control the Senate and left the Democrat President, in all fairness, to complete this picture. But from 1995 to 1997, things have been very, very different. We, too, laid out a plan to balance the Federal budget, and we are in the third year of that 7-year plan. We are not only on track but we are going to have the first balanced budget in fiscal year 1998, the first time in 30 years we are going to actually have a balanced Federal budget; Washington is not going to spend more money than it takes in.
Mark Neumann: “I thought I would conclude my hour this evening by wrapping up what we have been talking about. The discussion has been…”
Editor's note · Context
Discussing the shift in budget policy and control in Washington from 1995 to 1997.
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