[Congressional Record Volume 141, Number 161 (Wednesday, October 18, 1995)]
[House]
[Page H10210]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              PRESIDENT THINKS TAXES WERE RAISED TOO MUCH

  (Mr. STEARNS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. STEARNS. Mr. Speaker, yesterday the President said in Houston at 
a fundraiser that, ``A lot of people in the audience are still mad 
about my budget,'' that he pushed through in 1993, ``and they think I 
raised their taxes too much.''
  Now, listen carefully to this: The President said, ``It might 
surprise you to know that I think I raised taxes too much,'' the 
President of the United States making an admission that he raised taxes 
too much.
  Think about that, Democrats, those that voted for it. That is why we 
have a new Republican majority in Congress. That is why our new 
majority promised the American people that we would roll back some of 
these taxes, these huge tax increases that the President pushed in 1993 
that he now thinks are a mistake.
  This fall we will give every middle-class family a $500-per-child tax 
credit, provide tax relief for seniors and help create more jobs and 
more opportunity.
  Mr. Speaker, the President may say his tax increases were a mistake. 
The Republican Congress is going to do something about it.

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