[Congressional Record Volume 144, Number 132 (Monday, September 28, 1998)]
[House]
[Page H9092]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
[[Page H9092]]
WE CAN SAVE SOCIAL SECURITY AND ELIMINATE THE MARRIAGE TAX PENALTY
(Mr. WELLER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. WELLER. Mr. Speaker, in the next 2 weeks, we have a lot to do,
and of course we want to do the people's business.
This past weekend this House of Representatives did the right thing.
We set aside $1.4 trillion in surplus tax revenue for the effort to
save Social Security, and we passed legislation which will eliminate
the marriage tax personality.
I have often asked in the well of this House over the last year, is
it right, is it fair that under our current Tax Code, 28 million
married working couples pay higher taxes, just because they are
married.
Well, we have addressed that. On Saturday we passed and sent to the
Senate legislation whose centerpiece eliminates the marriage tax
penalty for the majority of those who suffer. In fact, for 28 million
couples they will see an extra $240, enough money for a car payment in
extra take-home pay because of lower taxes.
Now, those who opposed it, particularly those on the Democratic side
of the aisle, claim somehow that our effort to eliminate the marriage
tax penalty hurts the Social Security trust fund.
Now, on the Committee on Ways and Means, which I am proud to be a
member of, we asked a representative of the Social Security
Administration, Judy Chesser, the Deputy Commissioner of the Office of
Legislation and Congressional Affairs, if this tax cut to eliminate the
marriage tax penalty impacts Social Security. She gave us a simple
answer: No.
Let us save Social Security. Let us eliminate the marriage tax
penalty.
____________________