[Congressional Record Volume 143, Number 105 (Wednesday, July 23, 1997)]
[House]
[Page H5582]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             LONG-TERM EFFECTS OF REPUBLICAN TAX PROPOSALS

  (Mr. KIND asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. KIND. Mr. Speaker, I, too, want to rise today to express some 
concern that I have about the tax cut. We have heard a lot of 
discussion about who is going to benefit from the tax cut. I want to 
give a different perspective. That is the perspective of my son, 
Jonathan, who is approaching his first birthday, and what this tax cut 
is going to mean to him.
  The Treasury Department and even the Congressional Research Service, 
the independent investigatory research arm of this Congress, have both 
indicated that sure, although the tax cuts might be able to reach a 
balanced budget within the first 5 years, it is 10 years from now, 15 
years from now the backloaded provisions of these tax cuts are due to 
explode the deficit again, at exactly the time when my son Johnny and 
many, many children throughout this country are going to enter the work 
force.
  What kind of message are we going to be sending to them in order to 
score a short-term political gain right now, by offering these huge tax 
cuts so they are going to explode the deficit early next century, 
without identifying the corresponding spending reductions to pay for 
it?
  I did not come to Congress to vote for the type of tax measure that 
is going to jeopardize my son's future and the future of the children 
in this country.

                          ____________________