[Congressional Record Volume 141, Number 148 (Thursday, September 21, 1995)]
[House]
[Pages H9367-H9368]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




       WHY ALL THE CRITICISM ON THE PROPOSED $245 BILLION TAX CUT

  (Mr. DUNCAN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. DUNCAN. Mr. Speaker, there has been so much political criticism 
of the proposed $245 billion tax cut--but what are the facts? 

[[Page H 9368]]

  First, this tax cut is spread over 7 years and averages about $35 
billion a year.
  This is just 2 percent of Federal spending over that period. Federal 
spending has risen almost 300 percent over the last 15 years. Do you 
really think we cannot give just 2 percent back?
  Second, some of this tax cut will go to upper income citizens--but 
most of it will go to lower and middle income people. Somehow, we never 
hear about that.
  Third, Dick Armey, our Republican majority leader, has introduced a 
flat tax proposal that totally excludes from Federal income taxes the 
first $26,000 of income for a single person and the first $38,000 for a 
married couple.
  This would do a whole lot more for poor people than all the political 
rhetoric coming from those who do not want to cut taxes at all.
  The people of this Nation need some of their money back--the 
bureaucrats have taken too much for far too long.

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