[Congressional Record Volume 146, Number 118 (Thursday, September 28, 2000)]
[House]
[Page H8412]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  TAXPAYERS' CHOICE DEBT REDUCTION ACT

  (Mr. SANFORD asked and was given permission to address the House for 
1 minute.)
  Mr. SANFORD. Madam Speaker, Eisenhower apparently once said that he 
believed that there could be no surplus as long as our Nation was in 
debt. I come from that school of thought, and yet that is not exactly 
where we are right now in Washington.
  Where we are right now is debating whether or not 90 percent or 50 
percent, or some number in between, of these projected future surpluses 
should be allocated to the debt.
  What struck our office is the fact that really more than just the 
Congress should be involved in that debate. It is for that reason that 
I introduce today the Taxpayers' Choice Debt Reduction Act.
  Madam Speaker, what it would do would be to simply take the 1040, the 
tax return as we now know it. And right now, we can send $3 to the 
presidential campaign. This would create another box wherein we could 
send 3 bucks to debt reduction. That is not enough money to change our 
national debt, but it is enough money to make a small step in an 
important debate that we all ought to be a part of.

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