[Congressional Record Volume 141, Number 63 (Wednesday, April 5, 1995)]
[House]
[Page H4183]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
[[Page H4183]]
THE PRICE OF PANDERING WITH TAX CUTS
(Mr. MEEHAN asked and was given permission to address the House for 1
minute.)
Mr. MEEHAN. Mr. Speaker, the Republican tax plan is not about helping
out struggling families. It is about pandering with promises that will
destroy our economy if they are kept.
Call me cynical, but I do not think Republicans want to give tax
credits for children because they believe in family values but because
people with kids are likely to vote.
Republicans do not want to let large corporations avoid paying taxes
because they think it will boost productivity, but because the people
who run those companies are big givers to Republican campaigns.
Do not be fooled, America. The price of this pandering will be paid
by ordinary working families, the very people Republicans claim to be
trying to help.
Cutting student loans to pay for tax cuts now will make it harder to
send their kids to college. Opening tax loopholes for the wealthy and
corporations will smother the economy with debt, eroding the living
standards of the middle class.
Let us cut wasteful spending and balance the budget. But until then,
the pandering on tax cuts has got to stop.
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