[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 54 Introduced in House (IH)]

103d CONGRESS
  1st Session
H. CON. RES. 54

 Expressing the sense of the Congress that Congress should enact real 
    and substantial cuts in spending and approve a Balanced Budget 
Amendment to the Constitution before it considers raising taxes on the 
                            American people.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 24, 1993

 Mr. Knollenberg submitted the following concurrent resolution; which 
            was referred to the Committee on Ways and Means

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
 Expressing the sense of the Congress that Congress should enact real 
    and substantial cuts in spending and approve a Balanced Budget 
Amendment to the Constitution before it considers raising taxes on the 
                            American people.

Whereas, in the last thirty years the Federal Government has raised taxes fifty-
        four times and balanced the budget in only one year;
Whereas, historically, tax increases have resulted in higher deficits, in part 
        because Congress has spent $1.59 for each new tax dollar raised;
Whereas, the most recent example of a Federal deficit-reduction effort, the 1990 
        Budget Summit tax hike, produced increased spending of $2.34 for each 
        tax dollar raised;
Whereas, the American people, who already send over $1,100,000,000,000 in tax 
        dollars to the Federal Government, deserve to see that Congress and the 
        President have reduced Government spending in every way possible before 
        they are asked to pay more in taxes;
Whereas, in the first year of the President's economic proposal net spending 
        cuts total only $2,000,000,000 while tax and fee increases are 
        $36,000,000,000, an incredible eighteen to one ratio of tax increases 
        over spending cuts; and
Whereas, from 1994 to 1997 the President's plan calls for nearly $3 in new taxes 
        for every $1 of proposed spending cuts: Now, therefore, be it
    Resolved by the House of Representatives (the Senate concurring), 
That it is the sense of Congress that Congress should not consider any 
tax increases on the American people until:
            (1) Congress has enacted real and substantial spending 
        cuts; and
            (2) Approved and sent to the States for ratification a 
        Balanced Budget Amendment to the United States Constitution.

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