[Congressional Record Volume 156, Number 150 (Wednesday, November 17, 2010)]
[House]
[Page H7503]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     ALLOW BUSH TAX CUTS TO EXPIRE

  (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 would like to take a minute to 
put the Republican Party's current platform into some historical 
perspective.
  It was 30 years ago that Ronald Reagan was elected on the same 
platform that the government really can't be the solution to any of our 
problems, that it is the problem. He also suggested that any President 
who submitted a budget that was not balanced should be impeached. Well, 
for 8 years he never submitted a balanced budget and tripled our 
deficit.
  George H. W. Bush tried to correct the situation so the Gingrich 
Republicans contributed to his defeat.
  Bill Clinton came in, balanced the budget, allowed tax rates to go up 
to the level they are set to return to finally in January, saw 23 
million new jobs created, while he invested in our fiscal and human 
infrastructure. He had three successive budget surpluses and left with 
a $5.6 trillion projected surplus.
  George Bush comes in running against the government, enacts two deep 
tax cuts, starts two wars, puts in a $900 billion Medicare part D 
prescription drug program, and leaves us with the worst fiscal crisis 
that this country has faced since the Great Depression.
  So there is the historical perspective. The fact is those two tax 
cuts never should have been enacted in 2001 and 2003. They should be 
allowed to expire, and we ought to reinvest in the human and the fiscal 
infrastructure of this country if we want to create more and better 
jobs in this country.

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