[Congressional Record Volume 143, Number 81 (Wednesday, June 11, 1997)]
[House]
[Page H3666]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BALANCED BUDGET AGREEMENT PUTS MORE MONEY IN POCKETS OF AMERICAN
FAMILIES
(Mr. KNOLLENBERG asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. KNOLLENBERG. Mr. Speaker, I keep hearing from my liberal friends
who are outraged that Congress is trying to cut taxes. They look at
Washington and they know that Congress is trying to balance the budget
and they simply cannot understand why Republicans are calling for tax
cuts.
Well, Mr. Speaker, should Congress balance the budget first and then
cut taxes? The answer is no. To say that we cannot balance the budget
and cut taxes is to forget what that assumes. It assumes that
Washington cannot cut spending more. It assumes that Washington should
continue to take much of your money while it is waiting to get its act
together. It assumes that Washington should do the wrong thing for just
a few more years while it is waiting to put its financial house in
order.
Mr. Speaker, with all due respect, this is exactly the kind of
thinking that got us in this trouble in the first place. The balanced
budget agreement gets it right and puts more money in the pockets of
American families.
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