[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]




               REPUBLICAN TAX BILL: A BAD BILL GETS WORSE

  (Mr. MILLER of California asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. MILLER of California. Mr. Speaker, the reviews of the Republican 
tax bill are pouring in. A bad bill gets worse. A favor-the-rich tax 
plan. Loophole-filled tax cuts are an economic time bomb.
  What we are now seeing is, after people have a chance to review the 
Republican tax bill, they now understand that over 60 percent of the 
tax cuts go to people in the top 5 percent of income in America. And 
corporations over time would again go back to paying no taxes at all 
for the privileges that American society extends to them.
  And how do they pay for these exploding tax cuts that will make the 
deficit worse? They want to take people who are eligible for Medicare 
at 65 and make them eligible at 67. That means millions of workers who 
retire or are laid off at their jobs at 58, 59, 60-years-old, will have 
to wait 7 years to have health care coverage. They want to take poor 
elderly women, who have the smallest pensions, and tell them they will 
not pay for their Medicare, and they want to penalize families that put 
their children into day care and not give them the tax cuts.

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