[Congressional Record Volume 141, Number 48 (Wednesday, March 15, 1995)]
[House]
[Page H3160]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          DUELING PHILOSOPHIES

  (Mr. HAYWORTH asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. HAYWORTH. Mr. Speaker, in last year's budget, the President 
estimated that unless things changed, future generations would have to 
pay an 82-percent tax rate. So when I got this year's budget, I looked 
furiously to see just how much the situation had improved. Funny thing 
is, though, the President failed to include that number this time 
around. That is because instead of going down, the tax rate future 
generations would have to pay because of the President's fiscal folly 
has gone up. It has gone up to 84 percent.
  The liberal Democrats in this Congress and in the White House have 
declared war on the next generation of Americans. Unless we act now to 
take control of this bloated and inefficient bureaucracy, our children 
can look forward to a future of higher interest rates, higher taxes, 
less opportunity, and ultimately a lower standard of living.
  Well, we will not let the liberal Democrats make the first generation 
the first to have a lower standard of living than their parents. We 
will fight for the future of America. We will not let future 
generations foot the bill for the liberals' irresponsibility and 
mismanagement.


                          ____________________