[Congressional Record Volume 141, Number 63 (Wednesday, April 5, 1995)]
[House]
[Page H4182]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE TAX CUT BENEFITS WILL GO TOWARD THE WEALTHIEST IN AMERICA
(Mr. VOLKMER asked and was given permission to address the House for
1 minute.)
Mr. VOLKMER. Mr. Speaker, this is the 92d day of our imperial
speakership. What has happened in that 92 days? Well, they voted, the
majority Republicans voted to take heating assistance away from my
poor, they voted to take school lunches and breakfasts out of the
mouths of the children in my district. They voted to take food stamps
from the working poor and children in my district. They voted to take
the training and education away from women on welfare who want to be
off of welfare. Now they are talking about taking college loans away
from my middle-income families so they cannot go to colleges or
universities.
What are they going to do with this? They are going to give it to the
wealthy, $200,000 income parents who have children. Those are the
children that they are worried about they want to take care of. They
want to give it away in capital gains cuts for big investors who own
shopping centers, who own stocks and bonds on Wall Street. That is
where they want to give it.
Last, who do they really want to give it to? How about GE, AT&T, IBM,
and all the big corporations, because they are no longer, under their
tax bill, going to have to pay 1 penny in taxes. That is who the money
goes to.
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