[Congressional Record Volume 144, Number 136 (Friday, October 2, 1998)]
[House]
[Page H9279]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                                TAX CUTS

  (Mr. GIBBONS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. GIBBONS. Mr. Speaker, on October 12 we will observe Columbus Day. 
For those of you who have forgotten, Columbus Day is the day that we 
celebrate the discovery of America. So let us talk about what the term 
``discovery'' means to my liberal Democratic colleagues.
  For decades liberal Democrats believed that you would literally fall 
off the edge of the world if you lowered taxes. After Republicans 
passed the Balanced Budget and Taxpayer Relief Acts, wow, the 
Democrats, the liberals discovered that tax cuts for hard-working men 
and women provide a healthy economy, giving low unemployment and 
investment incentives.
  Liberals discovered that by allowing Americans to keep more of their 
hard-earned money, they should and could send their kids off to school, 
take that needed vacation or invest in their retirement. Republicans in 
the House have passed a plan that will not only help save Social 
Security but will also provide billions of dollars in tax cuts to 
America's hard-working men and women.
  Mr. and Mrs. America, Columbus discovered a new world. Democrats 
discovered new taxes. I applaud my Republican colleagues for 
discovering a brave new America, full tax relief and hope for the 
future.

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