[Congressional Record Volume 141, Number 62 (Tuesday, April 4, 1995)]
[House]
[Page H4113]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPUBLICAN TAX CUTS ARE PRO-SENIORS, PRO-JOBS, AND PRO-FAMILY
(Mr. FOX of Pennsylvania asked and was given permission to address
the House for 1 minute.)
Mr. FOX of Pennsylvania. Mr. Speaker, there are three parts of the
Contract With America that are very important to the American people.
Already passed, $180 billion for deficit reduction, $190 billion for
spending cuts, and now we have tax cuts for individuals, families,
seniors, and small business.
A key goal to move money and power out of Washington and back to
families and communities, Americans are better off making their own
decisions rather than having Federal bureaucrats making decisions for
them.
The tax relief plan lets families keep more of their money to save
for education, a first home, long-term care or retirement, lets small
businesses invest without being penalized, and it will repeal the
unfair Clinton tax on senior citizens' Social Security benefits and
allow seniors to make more than $11,280 without deducting from their
Social Security. Finally, Mr. Speaker, the tax cut will reduce the
deficit, stimulate investment, and create jobs.
Let us pass the bill.
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