[Congressional Record Volume 147, Number 29 (Wednesday, March 7, 2001)]
[House]
[Pages H655-H656]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  TAX RELIEF AND A RESPONSIBLE BUDGET

  (Mr. CHABOT asked and was given permission to address the House for 1 
minute.)

[[Page H656]]

  Mr. CHABOT. Mr. Speaker, even at a time when consumer confidence is 
falling and energy costs are skyrocketing and the economy is slowing, 
Washington is racking up huge tax surpluses. This is just more evidence 
that Washington is overcharging taxpayers and that we desperately need 
to refund the surplus to the people who created it.
  Even as some economists are forecasting gloom and doom, the surplus 
numbers since Republicans took the majority control in Congress 
continue to roll in. That is why the time is now to pay off the public 
debt and to offer tax relief to hardworking Americans. If we are to pay 
off the debt and provide needed tax relief for economic growth and job 
security and balance the budget, we must keep government spending down 
and get rid of the waste and the fraud and the abuse.
  Last year's budget, let us face it, was out of control. But this is a 
new White House, one that is fiscally responsible. This White House 
realizes we are talking about the people's money.
  Mr. Speaker, tax relief will result in job security and economic 
growth and give some of the money back to the people who earned it in 
the first place. Let us cut their taxes. Let us do it now.

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