[Congressional Record Volume 142, Number 58 (Wednesday, May 1, 1996)]
[House]
[Page H4305]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WHATEVER HAPPENED TO THAT TAX CUT FOR AMERICAN FAMILIES?
(Mr. CHABOT asked and was given permission to address the House for 1
minute.)
Mr. CHABOT. Mr. Speaker, when I go back to Cincinnati every weekend,
I get a chance to talk to a lot of working folks. It's amazing how many
of them ask me this question: ``Whatever happened to that middle-class
tax cut my family was supposed to get this year? Didn't President
Clinton promise us some relief?''
In fact, during his campaign, Mr. Clinton did indeed promise tax
relief. Let me quote from his book, ``Putting People First'': ``Middle-
class taxpayers will have a choice between a children's tax credit or a
significant reduction in their income tax rate.''
So, whatever happened to that middle-class tax break? Well, somehow,
our President forgot all about it, and instead, gave the American
people something else; the largest tax increase in peacetime history
including a hike in gasoline taxes. The only choice we got was between
higher gas prices and not driving at all. Then, when the new Republican
Congress did enact a $500 per child tax credit for working families,
President Clinton killed it with his veto pen, calling it a tax cut for
the rich. Mr. President, let's work together to give the American
people tax relief.
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