April 09, 1997
Brown Introduces Investment Budget
On Tuesday, April 8, Congressman George E. Brown, Jr. introduced his Investment Budget, H. Con. Res. 58. This proposal enhances investments in research and development, capital infrastructure and education and job training while leading to a balanced budget in 2002. Overall, it allocates over $70 billion more to these accounts than does the President's budget.
A recent Wall Street Journal poll found 50% of economists felt that expanded investment in R&D, education and infrastructure was the single most productive step the government could take to insure long-term growth. The Investment Budget is precisely designed to make these investments in the Nation's future.
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