[Congressional Record Volume 143, Number 92 (Thursday, June 26, 1997)]
[House]
[Page H4651]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  REPUBLICAN TAX BILL OFFERS BONANZA FOR AFFLUENT, CRUMBS FOR WORKING 
                                 CLASS

  (Ms. VELAZQUEZ asked and was given permission to address the House 
for 1 minute.)
  Ms. VELAZQUEZ. Mr. Speaker, the Republicans will stand here today and 
say that they are bringing tax relief to the middle class. They 
complain that the Democrats are being less than honest about the 
Republicans' attack on working families. Well, Mr. Speaker, even the 
Wall Street Journal, no friend of the Democrats, agreed with us.
  Here it is in the Wall Street Journal. The Republican bill is, and I 
quote, ``a bonanza for the affluent, crumbs for the working class.'' It 
``shamefully short changes the working poor.'' The Wall Street Journal 
says that under the Republican plan, Bill Gates will get a $4,000 tax 
break for education expenses, while a new police officer making $23,000 
will be denied a tax credit for his kids.
  Mr. Speaker, if the Republicans are not listening to the American 
people and they are not listening to the Wall Street Journal, it seems 
obvious who they are listening to, to their campaign contributors.

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