[Congressional Record Volume 143, Number 95 (Tuesday, July 8, 1997)]
[House]
[Page H4844]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     TREASURY DEPARTMENT LIKENED TO OLIVER STONE IN TAX CUT DEBATE

  (Mr. BALLENGER asked and was given permission to address the House 
for 1 minute.)
  Mr. BALLENGER. Mr. Speaker, White House figures showing that the tax 
cut package mainly benefits the rich have as much credibility as an 
Oliver Stone movie. Like Oliver Stone, the Treasury Department has 
decided to make stuff up.
  It is even worse than that. Like Oliver Stone, the Treasury 
Department uses tax numbers in a way that deliberately is designed to 
deceive. Again like Oliver Stone, the Treasury Department is counting 
on the fact that most people will not be able to tell the difference 
between what is the truth and what is fiction.
  I am talking about the Treasury Department's fraudulent use of family 
economic income, a new, ingenious way to make middle-class families 
look rich. Family economic income, you ask? What is that?
  Now you begin to see what I am talking about. Oh, sure, imputed rent 
income, unreported income you never knew you had, unrealized capital 
gains you never knew you had. Stuff like that. It is so dishonest it 
would make even Oliver Stone proud.

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