Political Quotes

Mark Neumann: It will not be long and CBO will be in our court, and they will actually admit that the budget is going to be balanced…

On the recordOctober 6, 1997
It will not be long and CBO will be in our court, and they will actually admit that the budget is going to be balanced next year, in fiscal year 1998, for the first time in 30 years. They are slowly coming around to the numbers that the gentleman and I have been working on and putting out regularly over the last 3 months that do demonstrate we are going to hit this balanced budget 4 years ahead of schedule.
Said by
Mark Neumann
Wisconsin

Editor's note · Context

Discussing the projected balanced budget for fiscal year 1998.

Share

More from Mark Neumann

Sep 16, 1998

In 3 short years, by getting spending under control, we are now running a surplus. In 1969 when we ran a surplus it was $3 billion. The surplus this year is 80 plus, so we are talking about the most significant surplus perhaps in the…

govinfo.gov
Sep 10, 1998

I would like to translate this into what it means for an average American out there. When I look at this chart and I see the spending growth rate going down, this distance from here to here not only means a balanced budget. It means…

govinfo.gov
Sep 16, 1998

yes, those deficits that the American people and my colleagues talked about all through the late 1980s and the early 1990s, they took all of that Social Security surplus, they put it all in the big government checkbook, they wrote out…

govinfo.gov
Sep 16, 1998

the facts for this year are that we may in fact have the $98 billion. It is close. It is some place between on the bottom end probably 79 or 80, and on the top end about 103 or 104 billion. The surplus is right in-between there. Right now…

govinfo.gov

Other voices in this conversation