[Congressional Record Volume 147, Number 29 (Wednesday, March 7, 2001)]
[House]
[Pages H656-H657]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        THE PRESIDENT'S TAX CUT

  (Mr. MOORE asked and was given permission to address the House for 1 
minute.)
  Mr. MOORE. Mr. Speaker, I got a call at 3:30 yesterday afternoon from 
a senior administration official.
  He said to me, ``Congressman, can you be with us on this tax cut?''
  I said, ``I'd like to be direct with you.''
  He said, ``Please do.''
  I said, ``Number one, I have a grave concern that we don't have a 
budget. And, number two, when it comes to this $1.6 trillion tax cut, 
it relies on projections of $5.6 trillion over the next 10 years. 
Projections.''
  Sunday night I was lying in bed watching the news and the weather and 
the weatherman projected a 12-inch snow in Washington, D.C. I wondered 
if I would make it back here for this tax cut vote.

[[Page H657]]

  That was a projection that did not come true. My concern is that 
these projections, these economic projections, may also not materialize 
just like the snow did not. If that happens, we are going to be in 
deficit mode again. We owe it to our children, we have placed a $5.7 
trillion mortgage on their future, to start to pay down our debt and 
live within our means.

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