[Congressional Record Volume 143, Number 97 (Thursday, July 10, 1997)]
[House]
[Page H5028]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            TAX CUTS SHOULD BENEFIT THE WORKING MIDDLE CLASS

  (Mr. BLAGOJEVICH asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. BLAGOJEVICH. Mr. Speaker, when it comes to tax cuts the question 
is not whether Congress should pass a tax cut. Most Democrats and 
Republicans agree that we should. The question is, Where do we target 
the tax cuts?
  Mr. Speaker, we ought to pass a tax cut that will primarily benefit 
working middle-class Americans struggling to pay their bills, send 
their kids to school, and save for their retirement. Let us put more 
money in the pockets of working families. They need it the most.
  Under the Democrat tax bill, a working family would be entitled to a 
full $1,500 HOPE scholarship for college, a tax exclusion for employer-
provided educational assistance, a $500 per child tax credit to help 
them raise their children, and a capital gains tax cut for the sale of 
a home.
  Mr. Speaker, the median income in the United States is $32,264. The 
Democratic tax cut plan, which is aimed directly at this group, would 
give the greatest benefit to the most people.

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