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Resolution No. 2836104 RESOLUTION NO. 2836 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, URGING REDUCTION OF FEDERAL DEFICIT SPENDING AND SUPPORTING A BALANCED FEDERAL BUDGET. WHEREAS, the federal budget deficit has increased to almost $200 billion per year and is projected to be $500 billion within a few years; and WHEREAS, federal deficit spending and competition with private enterprise for existing money supplies tend to increase interest rates, causing numerous hardships on millions of Americans; and WHEREAS, every woman, man and child in the United States today are burdened with this massive federal debt and will continue to be unless action is taken to reduce it; and WHEREAS, on May 24, 1984, 48.4 percent of the members of the House of Representatives voting were concerned enough about the federal debt to vote against increasing the federal debt limit; and WHEREAS, the great majority of United States citizens, numbering in the millions, opposes federal deficit spending. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cypress, California, strongly supports and urges the President and the Congress to decrease the federal debt by sensible reduction in the annual federal budget; and BE IT FURTHER RESOLVED that the City Council of the City of Cypress, California, urges Congress and the President to begin efforts to balance the federal budget with the goal of retiring the federal debt; and BE IT FURTHER RESOLVED that the middle class working women and men not be the ones to make all the sacrifices to balance the budget but that all segments of America, such as industry and commerce, share in the effort to achieve this goal; and BE IT FURTHER RESOLVED that copies of this Resolution be sent to the President of the United States, both United States Senators from California, all members of the House of Representative representing the City of Cypress, California, and all other Congressmen representing Orange County. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 11th day of September 1984. ATTEST: CITY CLERK OF T� ITY/OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE 5S ce MAYORR QOF 79 THE CITY OF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting held on the 11th day of September 1984; by the following roll call vote: AYES: 4 COUNCIL MEMBERS: Coronado, Kanel, Mullen and Partin NOES: 0 COUNCIL MEMBERS: None ABSENT: 1 COUNCIL MEMBERS: Lacayo CITY CLERKOF THE4C11 OF CYPRESS