[Congressional Record Volume 144, Number 128 (Wednesday, September 23, 1998)]
[House]
[Pages H8463-H8464]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
URGING MEMBERS TO SUPPORT THE 90-10 PLAN TO PRESERVE SOCIAL SECURITY
AND PROVIDE A TAX CUT
(Mr. JONES asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. JONES. Mr. Speaker, today Americans spend more money on taxes
than on food, clothing, and shelter combined. That is an average tax
burden of 38 percent. This Congress has introduced a plan to provide
hard-working Americans some well-deserved relief. The 90-10 plan would
set aside 90 percent of the 10-year, $1.6 trillion budget surplus to
preserve Social Security, and would use the remaining 10 percent, or
$80 billion, to cut taxes for middle-income Americans.
Under the plan, the marriage penalty and death taxes will be reduced,
and tax relief will be available for education, child care, and
military personnel who sell their homes. The 90/10 plan
[[Page H8464]]
offers Americans what they have been asking for, tax relief now and
saving Social Security for the future. I hope my colleagues will join
us in supporting the 90-10 plan.
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