[Congressional Record Volume 140, Number 57 (Wednesday, May 11, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: May 11, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
{time} 1410
DEMOCRATIC TAX INCREASES
(Mr. GINGRICH asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. GINGRICH. Mr. Speaker, I noticed in this morning's newspaper that
the Democratic chairman of the Ways and Means Committee now believes we
are going to need a tax increase for all Americans of up to $40 billion
to pay for the Clinton health plan.
Mr. Speaker, that is a lot of money. That comes to something on the
order of about $650 a year for a family of four out of their pocket to
the Federal Government. This is a new tax increase proposal by the
Democrats' chairman after his proposal 2 weeks ago to raise the Social
Security tax by 31 percent on every business, every worker in America,
to pay for another problem he perceives.
Mr. Speaker, we believe on our side that Government is too big and
spends too much, and I do not think most working Americans or most
American families are very excited by the prospect of the Democratic
chairman of the Committee on Ways and Means making two major tax
increase proposals in the last 2 weeks.
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