[Congressional Record Volume 147, Number 77 (Wednesday, June 6, 2001)]
[House]
[Page H2894]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              EVERY TAXPAYER WILL GET A REFUND IN THE MAIL

  (Mr. PITTS asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PITTS. Mr. Speaker, for months now pundits have been talking 
about whether America has been teetering on the brink of a recession. 
Gross domestic product has fallen from a whopping 7.3 percent in the 
last quarter of 1999 to just 1.3 percent in the first quarter of this 
year. The current quarter is a mystery. We do not know if GDP grew or 
contracted for the second quarter until it is over.
  But through all of this, the President has told us if his tax cut 
package was passed into law, it would provide a much-needed stimulus to 
the economy. Now it is going to happen. Tomorrow the President signs 
the bill into law. Every taxpayer will get a refund in the mail and see 
more take-home pay in their paychecks.
  David Wyss of Standard & Poors says, ``Roughly half the population is 
struggling and living paycheck to paycheck. Those folks will use the 
rebate almost immediately.''
  Mr. Speaker, this President promised and this President delivered. 
This Congress promised and this Congress delivered. This should help 
stimulate our economy; and this, my friends, is good government.

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