[Congressional Record Volume 145, Number 104 (Wednesday, July 21, 1999)]
[House]
[Page H6023]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       A LARGE ``D'' FOR DEFICIT

  (Ms. JACKSON-LEE of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend her remarks.)
  Ms. JACKSON-LEE of Texas. Mr. Speaker, I think it is important this 
morning to say what the Republican tax plan actually means. It means 
deficit, a large ``D,'' and finish it out: Deficit. The Republican tax 
cut is $864 billion. Add that to the interest loss of $179 billion and 
there is a whopping deficit, deficit, no money, minus of $47 million.
  It is my commitment to say that the economy that has been strong in 
America has been based upon investment in human capital. That is why we 
see the return on our investment dollars, our stocks and our bonds, 
because we have the American people working. I would much rather invest 
in education, Social Security, Medicare, tax cuts on family farms and 
small businesses, to enhance human capital.
  I do not want to enhance a deficit. Let us get real and vote for 
investment in human capital, the people of the United States of 
America. Let us not support a tax cut that simply means deficit with a 
big ``D.''

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