[Congressional Record Volume 143, Number 42 (Thursday, April 10, 1997)]
[House]
[Page H1395]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       MORE TAX CUTS FOR THE RICH

  (Mr. MENENDEZ asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. MENENDEZ. Mr. Speaker, when I woke up to today's papers, I read 
the latest idea of the Republican leadership's do-nothing Congress, 
which is to go ahead and give 1,400 of the wealthiest families in this 
country a $4.6 billion giveaway by eliminating all estate taxes, and 
that is what it amounts to, over $4 billion to only 1,400 families in 
this country.
  This is not relief, which we want to see in estate taxes, this is a 
giveaway, at the same time that my colleagues say that Medicare cuts 
are not big enough on millions of senior citizens in this country, and 
with 10 million children in this country who have no health care 
opportunity whatsoever.
  Now, to think that this is, in essence, what my Republican colleagues 
are headed toward in their budget describes why they do not have a 
budget, because there is no way to plug up those holes. Deal with the 
deficit, balance the budget, and take care of the needs of this Nation. 
Who are you for, and who are you against?
  Mr. Speaker, with this policy, what my colleagues on the other side 
of the aisle are telling us is, they are against our seniors, against 
our children, and for the wealthiest people in this country who do not 
need that type of assistance. That is simply wrong.

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