[Congressional Record Volume 141, Number 165 (Tuesday, October 24, 1995)]
[House]
[Page H10645]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 NEW MAJORITY WILL GIVE PRESIDENT CLINTON THE OPPORTUNITY TO ROLL BACK 
                    HIS RECORDBREAKING TAX INCREASE

  (Mr. CHABOT asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. CHABOT. Mr. Speaker, the President, who in 1993 gave the American 
people the largest single tax increase in peacetime history, told us 
last week that he made a mistake by raising taxes too much.
  The next day he said that he did not really mean what he had said the 
day before. Actually, he said, it was late in the day and he was a 
little bit sleepy.
  My goodness. It is not exactly news that Mr. Clinton has occasionally 
tailored his remarks to suit whatever group he happens to be talking to 
at the moment, but this one is a real doozy.
  Mr. Speaker, we are going to give the President another opportunity 
to make amends for his mistake in 1993. We are going to present him 
with a tax bill that will reduce the taxes on those same middle class 
Americans to whom he promised a tax cut in 1992, then raised their 
taxes instead, soon after becoming President.
  Mr. Speaker, 75 percent of our tax cuts go to people who make less 
than $75,000. Let us hope that when the tax cut bill comes before him 
this year, he will be in the right frame of mind and he will sign our 
middle-class tax cut.

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