[Congressional Record Volume 144, Number 123 (Wednesday, September 16, 1998)]
[House]
[Page H7813]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           90-10 TAX CUT PLAN

  (Mr. TIAHRT asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. TIAHRT. Mr. Speaker, the chairman of the Committee on Ways and 
Means the gentleman from Texas (Mr. Archer) has just released a bold 
new tax cut package for this Congress. It is called the 90-10 tax cut 
plan. It will improve the health of Social Security and cut taxes.
  First we will set aside 90 percent of the surplus, to save Social 
Security, a surplus that will total about $1.4 trillion, and then we 
will use 10 percent of the surplus to cut taxes now. It is important to 
emphasize that we must cut taxes now. Already the liberals have ideas 
how they want to spend your money. Those who love big government do not 
think that the middle class ought to have tax relief. In fact they are 
against the whole idea of tax cuts, always and everywhere.
  This tax package contains marriage tax penalty relief, it makes 
health care more affordable for many of those who cannot get it today, 
and it gives hard-hit farmers assistance at a difficult time. We were 
told that we could not balance the budget and cut taxes at the same 
time, but we did, just as we will save Social Security and cut taxes 
this time.

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