[Congressional Record Volume 144, Number 119 (Thursday, September 10, 1998)]
[House]
[Pages H7498-H7499]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     TIME TO PASS FURTHER TAX RELIEF AND HOLD THE LINE ON SPENDING

  (Mr. HERGER asked and was given permission to address the House for 1

[[Page H7499]]

minute and to revise and extend his remarks.)
  Mr. HERGER. Madam Speaker, last summer Congress passed the Taxpayer 
Relief Act. This legislation cuts taxes on every stage of life, 
providing for a $500 per child tax credit, a reduction on the family 
farm and family businesses at the same time of death, and a reduction 
in the tax on capital gains.
  But Congress should go further. America is overtaxed. Not only is 
America overtaxed, but middle class families in particular are 
overtaxed. The economy is projected to produce a significant surplus 
over the next 5 to 10 years, and Congress should use some of that money 
for tax cuts.
  There are many politicians in Washington who cannot wait to get their 
hands on that surplus so they can do what they always do with 
taxpayers' money, spend it. Washington is not careful with the 
taxpayers' money. It wastes too much, and it never seems to be held 
accountable for its failures.
  It is time to change direction. We need to pass further tax relief, 
and we need to hold the line on spending. I urge my colleagues to 
support the Republican package of middle-class tax cuts.

                          ____________________