[Congressional Record Volume 141, Number 63 (Wednesday, April 5, 1995)]
[House]
[Page H4185]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


    TAX CUTS FOR THE RICH, THE CROWN JEWEL OF THE REPUBLICAN CONTACT

  (Mr. OLVER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. OLVER. Mr. Speaker, Speaker Newt Gingrich, the Speaker of this 
House, has called the tax cut for the rich bill that we are going to be 
debating today the crown jewel of the Republican Contract on America. 
Well, he is also quoted in the Washington Times yesterday. Speaker Newt 
Gingrich quoted fairness is the animating principle, end quote, of the 
bill says House speaker Newt Gingrich who attacks the Democrats' 
argument as, quote, class warfare, unquote.

                              {time}  1200

  Well, I am going to leave it to the American people to decide if it 
is fair to take $15 billion of financial aid from the children of 
middle and low income families, who would want to use that financial 
aid to go to college, and use the $15 billion to allow some of our 
biggest corporations in America to pay no taxes. Corporations like 
Anheuser-Busch, Boeing, du Pont, General Dynamics, PepsiCo, Texaco, 
Westinghouse, and Xerox--all of them would be allowed to pay no taxes 
under this bill.
  Is it fair to take $50 billion of heat and housing aid from elders 
and nutrition from young people and child care and subsistence from 
poor people and give that to the wealthiest families who make $200,000 
a year? Is it fair?

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