Speech #1000067510

In 1988. for example. if we froze at 1987 levels. namely. the expenditure level of $1.15 trillion. we could achieve a reduction that would actually put us below the GrammRudman target by approximately $3 billion. Holding the budget constant in 1989 and 1990 would result in a budget surplus in just 3 years at current levels of projected tax increases. and I put some stress on this point because we are contemplating in this body. tax increases for 1988. 1989 and 1990 of approximately $67 billion. and still admitting that with those tax increases we are not going to come within better than $25 billion of the GrammRudman target for fiscal year My amendment fits into this strategy and does not take a great toll on any program contained in this bill. High priority agencies which promote law and order. help combat our drug problem. stop illegal immigration and serve to remedy our trade deficit will all continue to receive increases in funding despite my amendment. For instance. the Drug Enforcement Administration will get a 2percent increase. the FBI will get a 2percent increase. the Securities and Exchange Commission will receive a 16percent increase. the Immigration and Naturalization Service will receive a 6.3percent increase. the Census Bureau will receive a 66percent increase. Thus. my amendment will not only help us reduce the deficit. but it will also maintain vital programs at appropriate levels of funding. and according to the priority arrangements in and emphasis on increases for next year that were determined by the committee.