[Congressional Record Volume 141, Number 62 (Tuesday, April 4, 1995)]
[House]
[Page H4116]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                   TAX CUT PROPOSAL IS IRRESPONSIBLE
  (Mr. PAYNE of Virginia asked and was given permission to address the 
House for 1 minute and to revise ad extend his remarks.)
  Mr. PAYNE of Virginia. Mr. Speaker, 2 months ago, Republican Members 
of this House joined me and almost 70 other Democrats in supporting the 
balanced budget amendment to the Constitution.
  We came together out of a shared belief that we can't continue to 
saddle the American people with a national debt that saps our 
productive capacity, hinders job growth, and causes so much of our 
wealth to be used just to service the national debt.
  We heard a lot during that debate about our responsibility to future 
generations, about the need for fiscal discipline, an about the need to 
make tough choices.
  Well, what happened?
  Here we are in April, and the leadership's idea of fiscal discipline 
is a 5-year, $188 billion tax cut.
  Mr. Speaker, this tax cut is not the kind of tough choice that this 
deficit cries out for. It is not disciplined.
  And it is plain bad economics.
  Make no mistake: with this poorly times tax cut, the House is ready 
to repeat age-old Washington mistake of borrowing from our children to 
pay for what is popular right now.
  I urge my colleagues to reject this costly and fiscally irresponsible 
proposal.

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