[Congressional Record Volume 144, Number 145 (Tuesday, October 13, 1998)]
[House]
[Pages H10671-H10672]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PRIDE IN THIS CONGRESS
(Mr. GUTKNECHT asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. GUTKNECHT. Mr. Speaker, I am proud of what this Congress has done
to provide tax relief for hard working American families. The $500 per
child tax cut will help people provide for their kids. Education
savings accounts and the $1500 Hope credit will help them pay for
college. Roth IRAs and capital gains tax relief will help people
[[Page H10672]]
save and invest for their future. Tax free home sales, three-year
income averaging for farmers and death tax relief will also reduce the
burdens on American families. We all know that they can spend the money
a whole lot smarter than the Federal Government can.
Mr. Speaker, yesterday the Congress gave the American people more
good news on taxes, voting to extend the R&D tax credit through 1999,
accelerate the full deductibility of health care costs and extending
the work opportunities tax credit. We still have much more to do but
this is a great start. What a difference a Republican Congress has
made.
____________________