[Congressional Record Volume 142, Number 125 (Thursday, September 12, 1996)]
[House]
[Page H10335]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICA CANNOT AFFORD DOLE'S MASSIVE TAX CUTS
(Mr. FOGLIETTA asked and was given permission to address theHouse for
1 minute and to revise and extend his remarks.)
Mr. FOGLIETTA. Mr. Speaker, 20 years ago a Republican President told
the city of New York and, by extension, all American cities to drop
dead. Now with Bob Dole, the Republicans are planning the funeral. It
just takes simple arithmetic to know that his plan to cut taxes by $550
billion just does not add up, especially for urban America.
Bob Dole says he would not put forward such a plan if it would mean
massive cuts in Medicare and would hurt Social Security. He told a
group of veterans last month he would not cut their programs. He also
said he would increase defense spending. But he still says he can do
all of this and balance the budget by 2002.
Now, this is not pie in the sky; this is a whole bakery in the sky.
But for cities the big question is what is left to cut? The answer is
programs that are helping urban America, programs that are helping
working families, cuts in Medicare, education, and health and
environment.
But urban Americans just cannot afford Bob Dole's bakery in the sky.
The difference between Bob Dole and Bill Clinton could not be more
stark.
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