And Clinton signed it, which is what matters. Now the Republicans have both the House and the Senate plus the WH, where's the "balanced budget"? Nowhere, don't ask for it, nobody is going to sign it either - ask for $ 1.5 T Mil Bill and record deficits if you want it to pass.
Do you know what the 1995 Mil Bill asked for?
The Contract With America was a one-off stunt, in other words - mud in the eyes of the electorate. Old glory stories are worthless when they contradict the present reality,