[Congressional Record Volume 147, Number 176 (Tuesday, December 18, 2001)]
[House]
[Page H10177]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BILLIONS OF DOLLARS IN TAX CUTS GO TO LARGEST CORPORATIONS
The SPEAKER pro tempore (Mr. Culberson). Under the Speaker's
announced policy of January 3, 2001, the gentleman from Ohio (Mr.
Brown) is recognized during morning hour debates for 5 minutes.
Mr. BROWN of Ohio. Mr. Speaker, we remember following the horrific
events of September 11, several gas stations around the country raised
their prices to $4, $5 and $6 a gallon. Most called that war
profiteering, but the overwhelming majority of Americans came together.
They gave blood and put out their flags. Many went to New York and the
Pentagon to help. Thousands volunteered in their communities. School
children collected pennies, nickels and dimes to send to the victims
and families.
Something else happened in Washington, D.C., not war profiteering in
the simple sense of raising gas prices, but a more sophisticated kind
of political profiteering. This Congress, lobbied hard by the President
and the Republican leadership, first of all gave a huge multi-billion
dollar bailout to the airlines, requiring nothing from the airline
executives, providing nothing for airline security, doing nothing for
airline safety. When many tried to include help in this bill for the
100,000 airline workers who had lost their jobs, Republican majority
leader, the gentleman from Texas (Mr. Armey) told us now is not the
time, that extending government assistance to laid off workers ``was
not commensurate with the American spirit.''
Then President Bush and this Congress gave billions of dollars in tax
cuts and subsidies and rebates to the largest corporations in the
United States. A tax refund to IBM, for example, literally in the form
of a check from the Federal Government for $1.4 billion, $1 billion to
Ford, $900 million to General Motors, hundreds of millions of dollars
to American and United Airlines, as if the bailout was not enough, and
the list goes on and on and on.
More recently, with unemployment creeping up to the highest 2-month
increase we have seen in 21 years, with the anxiety that people have
about their jobs, with LTV and Republic Technologies steelworkers and
other steel industry workers facing company bankruptcies, with hundreds
of thousands of people losing their jobs, this Congress, at the behest
of the Republican leadership, the President and America's largest
corporations, this Congress passed something called Trade Promotion
Authority, which simply will send more of our jobs to Latin America and
more of our jobs to developing countries around the world.
My dad used to talk about World War II and shared sacrifice, about
war bonds and WAVES and WACs, about victory gardens and scrap metal
drives. But this Republican Congress and this President do not know
much about shared sacrifice. Instead, they demand tax cuts for IBM,
General Electric and American Airlines, while doing absolutely nothing
for 100,000 laid-off airline workers. Instead of shared sacrifice, this
Republican Congress and this President demand of Congress that we pass
Trade Promotion Authority while doing little to provide public
investments for broken-down schools, while doing little to help starved
public health infrastructure, while doing little to help our woefully
inadequate rail system.
Imagine, Mr. Speaker, if the President and the Republican Congress
called on us, like FDR did in World War II, called on the Congress and
the American people for shared sacrifice. Imagine if the President
called on young, patriotic Americans to enlist in the Army or the Peace
Corps, to enlist in the Navy or AmeriCorps, to enlist in the Air Force,
or teach for America. That is what waving the American flag is all
about.
Imagine if the President said to his friends in the drug industry, no
more special favors. We are not going to allow drug companies to charge
American consumers and America's elderly more for prescription drugs
than anywhere else in the world. Imagine. That is what waving the
American flag is all about.
Imagine if the President called on America to volunteer for Meals on
Wheels or clean up their neighborhoods or to tutor children who are
having difficulty keeping up. Imagine. That is what waving the American
flag is all about.
Imagine if the President would say to his friends in the oil
business, we are going to wean ourselves off Middle Eastern oil. We are
going to find a way to help Americans conserve and get better gas
mileage. Imagine. That is what waving the American flag is all about.
Instead of this Republican President and Republican leadership in
this House bestowing tax cuts on the wealthiest Americans, imagine if
we helped those who needed it the most, laid-off workers, people
without health insurance, children sentenced to inferior schools.
Instead of the Republican President and the leadership in this Congress
bestowing tax cuts on the largest corporations in the world in this
country, imagine instead if they appealed to the best in America.
Imagine.
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