The original 7-year plan to balance the Federal budget. We were to get to zero in the year 2002. We are now in the third year, and it is important to note that the deficit is significantly under those projections. We are in the third year of a 7-year plan to balance the Federal budget and we are not only on track, but we are significantly ahead of schedule. It is very, very important to note the contrast between what was here before and what is happening now. We are laying down this track record so the American people can once again have some faith in this institution.
Mark Neumann: “The original 7-year plan to balance the Federal budget. We were to get to zero in the year 2002. We are now in the third…”
Editor's note · Context
Discussing the progress of the 7-year plan to balance the Federal budget.
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