[Congressional Record Volume 142, Number 87 (Thursday, June 13, 1996)]
[House]
[Page H6291]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPUBLICANS MORE INTERESTED IN REDUCING TAXES FOR THE WEALTHY THAN
REDUCING THE DEFICIT
(Mr. VOLKMER asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. VOLKMER. Mr. Speaker, Members of the House, the cat is out of the
bag. The radical Republican extremists are not in favor of reducing the
deficits. They do want a tax cut, a massive tax cut, for the wealthy.
We saw it last night.
Mr. Speaker, if my colleagues listened to the chairman of the
Committee on the Budget, the gentleman from Ohio [Mr. Kasich], he never
once in this closing argument for that budget, never once, mentioned
the word ``deficit.'' In fact, under their budget, the reason he did
not, under their budget next year the deficit goes up; the following
year, the deficit goes up. It does not go down. They need to do that in
order to give tax cuts for the wealthy.
The spending cut for Medicare; where is that going to go? The
spending cuts for food stamps; where is that going to go? Tax cuts for
the wealthy, not to reduce the deficit, because the deficit is going to
go up.
Mr. Speaker, they are more interested in reducing taxes for wealthy
than they are in reducing the deficits. I say let us reduce the
deficits before we give any tax cuts for anybody. That is my position.
Let us get a balanced budget first. Then we reduce the deficits.
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