[Congressional Record Volume 148, Number 87 (Wednesday, June 26, 2002)]
[House]
[Page H3932]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
COST OF GOVERNMENT DAY
(Mr. GIBBONS asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. GIBBONS. Mr. Speaker, June 29, this Saturday, will be Cost of
Government Day. What does that mean? It is the date on which the
average American worker has earned enough gross income to pay off his
or her share of tax and regulatory burdens imposed by all levels of
government, either Federal, State or local. Currently Nevadans must
work on average 179 days just to meet all the costs imposed by
government.
There is some good news, however. Cost of Government Day falls 2 days
earlier this year than last. In fact, this year it is earlier than it
has been in 5 years, thanks to the tax relief we have just passed. Yet
the cost of government is still substantially higher than it was during
the 1980s when President Reagan led the Nation in bringing it down to a
date in mid-June. Lowering the cost of government means more money in
the hands of families, investors and entrepreneurs to reinvest in our
economy.
Mr. Speaker, as we continue with the appropriations process, I call
upon my colleagues to remain committed to reducing the cost of
government to encourage economic growth and prosperity both at home and
nationwide.
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