Is this not an exciting conversation? Where we have been tonight, we have talked about the past before the change in this Congress in 1995, before the people changed America with the 1994 elections and we took office; the past of the broken promises where we could not get to a balanced budget in this city because they could not control spending, and the past where they talked about higher taxes and which taxes should go up and how high should they go; and then we have talked about the present, 1995 to today and how different things are; how, instead of talking about broken promises and budgets that cannot be balanced because spending is out of control, we have controlled the growth of Washington spending. It has been slowed by 40 percent in the first 2 years. In fact, we will have our first balanced budget since 1969 next year, an amazing accomplishment in and of itself, but coupled with that, instead of those tax increases of 1993, we did not do it that way. Coupled with the first balanced budget is a tax cut, a tax cut where the American people get to keep more of their own money instead of sending it out here to Washington, DC; Medicare restored and not by raising taxes on the people, but by reforming the system to provide better services in a more efficient manner to our senior citizens. The present is a balanced budget, the first time since 1969; lower taxes, the first time in 16 years; and Medicare restored for our senior citizens.
Editor's note · Context
Discussing the changes in budget and tax policy since the 1994 elections.
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