[Congressional Record Volume 141, Number 64 (Thursday, April 6, 1995)]
[House]
[Pages H4342-H4343]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ABOUT LAST NIGHT
(Mr. LEWIS of Georgia asked and was given permission to address the
House
[[Page H4343]] for 1 minute and to revise and extend his remarks.)
Mr. LEWIS of Georgia. Mr. Speaker, Newt Gingrich put the crown jewel
on his contract last night. And if you earn over $200,000 a year, it is
a crown jewel indeed. But if you earn $20,000 or $30,000 or $40,000 a
year, you were sold fool's gold--costume jewelery.
Under the Republican plan passed under the cover of darkness, if you
earn $200,000 a year you will get a tax break of over $11,000. Those
earning over $350,000 will get $20,000--more than some working families
earn in a year.
But if you earn $20,000 or $30,000 you will get a meager $25 a month.
You can see why Newt Gingrich calls this plan a jewel--it is precious
to the rich.
The Republicans say they can cut taxes without increasing the
deficit. We tried that once before in the 1980's. We are still trying
to dig, our way out of the huge record deficits it created.
Mr. Speaker, the Republicans are robbing poor Peter to pay Paul. The
American people know better. For shame, Mr. Speaker, for shame.
____________________