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This would be done by
incorporating $894 billion in spending cuts by 2002, with a projected 7
year tax cut of $245 billion. If this plan were implemented, in the year
2002, the U.S. Government would have the first balanced budget since
1969.
There is doubt by citizens that a balanced budget will become reality.
A recent Gallop Poll from January, 1996 showed the budget as the #1
concern among taxpayers, but 4/5 of those interviewed said they doubt
the GOP will do the job (Holding 14). Meanwhile, an ABC poll from
November reported that over 70% of those polled disapprove of the
current performance by Congress, and most blamed politicians for failure
to take action (Cloud 3709)...
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