[Congressional Record Volume 143, Number 104 (Tuesday, July 22, 1997)]
[House]
[Page H5499]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     WORKING FAMILIES NEED A BREAK

  (Mr. LAMPSON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LAMPSON. Mr. Speaker, as my colleagues know, in Congress we are 
working on giving Americans an $85 billion tax cut. The question is who 
should reap the greatest benefits from these tax cuts? Should it be the 
wealthiest corporations and the wealthiest Americans? Well, that is 
what I believe my Republican colleagues suggest. Or should it be the 
middle-class families who are struggling to obtain their dreams and 
could greatly benefit from these tax cuts?
  The Republican tax plan gives tax breaks to America's most profitable 
corporations and wealthiest individuals while leaving middle-class 
families with little help. According to a Treasury Department analysis, 
63 percent of the Republican tax cuts will go to the top 20 percent of 
the wealthiest Americans.
  The Democrats' tax plan provides for middle-income families by giving 
a break to those families making less than $75,000 a year. It also 
provides a $500-per-child tax credit to middle- and low-income working 
families.
  The Republican plan denies millions of these families such tax 
breaks. I believe that is wrong. Working families need a break.

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