Mark Neumann: “I think that is a good lead-in to wrapping this hour up this evening. We have dedicated the hour to my dad and others…”

“I think that is a good lead-in to wrapping this hour up this evening. We have dedicated the hour to my dad and others, people like him across America that are so responsible for giving us the opportunity to be here and change this great Nation. When we look back to before 1995 and see the broken promises of moving to a balanced budget, and the promises that they were going to get there, and as the deficit escalated, they raised taxes back in 1993. If we look at how far we have come in the last 2 or 3 years, we are to a balanced budget, not as promised, but 3 or 4 years ahead of schedule; we are going to balance the budget for the first time in fiscal year 1998 since 1969, when I was a sophomore in high school, the last time the budget was balanced. Taxes are coming down for the first time in 16 years. What a phenomenal contrast from 1993 to 1997, the tax increases versus the tax cuts of 1997. Medicare has been restored to our senior citizens, to my dad and to my parents, to the senior citizens out there. Medicare has been restored, and we are now moving rapidly forward. We look at the future. We have our first balanced budget in our hands and our first tax cut. The ink is dry, it is passed. As we look to the future, we realize that even after the budget is balanced, we still have a $5.3 trillion debt. The next move is to pass the National Debt Repayment Act, which will pay off the Federal debt much like we pay off a home mortgage over the next 30 years.”