[Congressional Record Volume 143, Number 110 (Wednesday, July 30, 1997)]
[House]
[Page H6301]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         GOOD NEWS FOR AMERICA

  (Mr. NEUMANN asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. NEUMANN. Mr. Speaker, I rise this morning to talk about the good 
news that is here for America. It is good news.

                              {time}  1015

  For the first time since 1969 we are going to have a balanced budget 
in the United States of America. For the first time since 1969, the 
people that are here in Washington are not going to spend more money 
than what they take in. They will do the responsible thing.
  The news even gets better. After a balanced budget, in addition to a 
balanced budget we are also going to pass bills that lower the taxes on 
the American people.
  I have heard a lot of rhetoric about who gets these tax cuts. I want 
to cut through all that rhetoric and get down to what it really means 
to a family of five in Janesville, WI. A family having three kids 
living in Janesville, WI, earning $40,000 or $50,000 a year because 
both parents are probably working, they have that income coming in, 
what they should do on January 1 of next year, this is not Washington 
rhetoric, they should walk into their place of employment and tell 
their employer they want to keep $100 more every month of their own 
money. Because that is what this tax cut package means to a family of 
five in Janesville, WI, or anyplace else in America.
  For each of the children in the family there is a $400 per child tax 
cut, $1,200 for a year. That is $100 a month. And on January 1 the 
American people should start keeping that money instead of sending it 
to Washington.

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