[Congressional Record Volume 152, Number 57 (Thursday, May 11, 2006)]
[Extensions of Remarks]
[Page E803]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




      CONFERENCE REPORT ON H.R. 4297, TAX INCREASE PREVENTION AND 
                       RECONCILIATION ACT OF 2005

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                               speech of

                            HON. BARBARA LEE

                             of california

                    in the house of representatives

                        Wednesday, May 10, 2006

  Ms. LEE. Mr. Speaker, I rise in opposition to H.R. 4297. This 
legislation would give big benefits to millionaires, billionaires and 
giant corporations while the average American suffers under record high 
energy costs and again gets stuck with the bill.
  Mr. Speaker, we should not increase the burden on our children and 
our grandchildren with this administration's record deficits just to 
make another 70 billion dollar gift that will line the pockets of the 
wealthiest few. Let's not extend tax rates that would encourage oil 
company executives to continue gouging record profits from every hard 
working American.
  Mr. Speaker, we need to rethink our priorities. Instead of another 70 
billion dollars for the super rich, why not provide health care for 
millions of children, provide housing for the neglected victims of 
Katrina or improve the education of the countless students that this 
administration has left so far behind? Is this Republican Congress so 
busy returning profits to the wealthy, that it has forgotten the 
families who have done all the hard work?
  I encourage members to remember the American families that are the 
back bone of our nation and our economy and vote ``no'' on this bill.

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