[Congressional Record Volume 145, Number 33 (Wednesday, March 3, 1999)]
[House]
[Page H896]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE REPUBLICAN PLAN IS BETTER THAN A PAY RAISE
(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, tax relief is as good as a pay raise, maybe
even better. A pay raise could mean higher taxes. It could result in
sending more money to Washington, D.C., and have very little extra
money jingling around in our pockets. But tax relief is more money in
the household budget.
Mr. Speaker, Americans do one of two things when they get a little
extra money in their pocket. It is saved or it is spent. Either is good
for the economy. Saving the money from a tax cut would provide more
resources, more capital for creating new jobs and new businesses.
Spending the tax relief not only provides for the needs of hard-working
Americans, but the demands for products will create new jobs and
sustain the jobs we have.
Mr. Speaker, tax relief can be as good, if not better, than a pay
raise, and the Republican plan will not only restore the integrity of
Social Security, rebuild our national defense, strengthen education,
but it will also provide much-needed tax relief for hard-working
Americans.
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