[Congressional Record Volume 149, Number 80 (Tuesday, June 3, 2003)]
[House]
[Page H4844]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX RELIEF BILL
(Mr. MORAN of Virginia asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. MORAN of Virginia. Mr. Speaker, I just want to say a word about
what happened before we went into recess, the fact that we voted on a
bill that provided hundreds of billions of dollars of tax relief, but
not to the people who needed it the most.
In fact, we now see that about one-tenth of 1 percent of the very
wealthiest Americans receive approximately as much tax benefit as the
90 percent of Americans with incomes of $95,000 or less. But the most
outrageous thing about this tax cut was something we did not know. It
took the newspapers, and I saw it in The New York Times a week later,
that revealed that we actually eliminated the child tax credit for
families with incomes below $26,000, the working poor, the families who
needed tax cuts the most.
I mean, I cannot believe that this Congress did that to working-class
families and did not even give us the opportunity to debate it. I hope
that there is a groundswell of public opposition to what we do and we
can reverse this. The Democratic Party is determined to do so.
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