All these reductions fall in just 2 years. leaving little margin for unsound budget estimates or exploding tax cuts. Mr. President. on balance there is much in this agreement that should be applauded. and the bipartisanship it displays is laudable. It acknowledges that the Contract With America embodied the wrong policies and priorities for our future. It provides for some investments in health care and education. It restores some benefits for legal immigrants hurt by last years welfare act. and it builds on the success of the 1993 deficit reduction package. However. the fundamental question is. Does this agreement meet the challenges of the future?
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