[Congressional Record Volume 140, Number 29 (Wednesday, March 16, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 16, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
           ECONOMY IMPROVES AS MIDDLE-CLASS GROWS MORE SECURE

  (Mr. DERRICK asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.]
  Mr. DERRICK. Mr. Speaker, as the economy continues to improve, 
Republican protests over the administration's budget policies grow more 
shrill, and less credible. They fear that an improving economy makes 
their doomsday predictions seem foolish.
  They hope to cloud the air with negative rhetoric and obscure the 
emerging truth: The administration's policies have put the country on 
the right track. The economy is improving. The middle class is growing 
more secure.
  Nonetheless, during last week's budget debate we once again heard 
them proclaim that our country--especially the middle class--is 
teetering on the brink.
  Republicans posture themselves as true friends of the middle class. 
Last week that posture included a $500 per child tax credit for middle-
class families.
  It is interesting that for Republicans, middle class included 
families making $200,000 a year. Over 99 percent of Americans do not 
earn that much money. Last year's budget package increased income taxes 
only for families making more than $180,000 yearly. It makes you wonder 
just who Republicans are protecting from the Democrats.

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