[Congressional Record Volume 141, Number 61 (Monday, April 3, 1995)]
[House]
[Pages H4079-H4080]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SETTING THE RECORD STRAIGHT
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Texas [Mr. Archer] is recognized for 5 minutes.
Mr. ARCHER. Mr. Speaker, I just happened to be walking through, and
we should be accurate in what we say here on the floor of the House.
No. 1, the provision that was put into the health care deductibility
for self-employed was engineered and pushed and implemented by Carol
Moseley-Braun from Chicago, a Democrat Senator, and made its way into
the conference report as a result of her compelling arguments that this
in effect was a preexisting contractual obligation, a binding contract
that was made before the effective date.
So we should fully understand that the gentlewoman from Colorado and
the gentleman from California are just ill-informed about this
particular provision.
[[Page H4080]] I am not here to defend Rupert Murdoch. I do not know
him, and have nothing to do with him. But I will simply say this also:
that the facts are that Rupert Murdoch gets no tax benefits out of this
provision even though it was engineered by a Democrat Senator from
Illinois and put in the bill by a Democrat Senator from Illinois. The
benefit does not go to Rupert Murdoch. He gets no tax break out of this
provision, and the facts should be presented to the American people
rather than all of this continued rhetoric with all of the props of
golden crowns and all of the other things that are emotionally
presented to this House.
We should deal with the facts as they exist.
Mrs. SCHROEDER. Will the gentleman yield?
Mr. ARCHER. I am happy to yield to the gentlewoman from Colorado.
Mrs. SCHROEDER. Is the gentleman saying the stories then in the press
are incorrect, because they say they are validated?
Mr. ARCHER. I have seen a lot of stories in the press that are
inaccurate.
Mrs. SCHROEDER. Is this story incorrect?
Mr. ARCHER. Mr. Speaker, I reclaim my time.
The gentlewoman has a press report that she is holding up for the
benefit of this House, and we all know that you cannot rely on the
accuracy of press reports. They pick up on certain items that are
presented to them, and then they are rapidly put into print. It does
not mean they are accurate.
And in this case, the accuracy of the situation is as I stated, and I
am not here to defend Rupert Murdoch. But I think the gentlewoman, the
Senator from Illinois, who put this into the conference report
certainly should be asked. I do not think she was trying to do any sort
of a favor for Rupert Murdoch, and as she presented it, she was not
trying to give a special favor to anybody, but simply to say that the
binding-contract rule to prevent retroactivity should apply with a
certainty to this particular transaction.
If this had not been a binding contract, there is no question in my
mind that it would never have been embraced in the Senate offer and
would never have gotten into the conference report. But it is also
very, very important to know that this has absolutely nothing to do
with the tax bill and spending reduction bill that will be coming on
the floor of this House this week.
So I just wanted to be here to set the record straight on this issue.
____________________