[Congressional Record Volume 142, Number 30 (Thursday, March 7, 1996)]
[House]
[Page H1779]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE GINGRICH SOLUTION IS WRONG
(Mr. BROWN of Ohio asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. BROWN of Ohio. Mr. Speaker, Scott Paper lays off 11,000 workers;
their top executive gets millions of dollars in stock options. AT&T
lays off 40,000 employees; its top management gets huge bonuses. Revco
Drugstore in Twinsburg, OH, lays off 1,100 people; 4 of their
executives get $1 million each.
The Newt Gingrich response: Cut education by $3 billion, cut Medicare
by tens of billions of dollars, cut student loans by $4 billion. Why?
Just to give tax breaks to the wealthiest people in this country.
Mr. Speaker, the Gingrich solution is wrong.
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