[Congressional Record (Bound Edition), Volume 145 (1999), Part 13]
[House]
[Page 18895]
[From the U.S. Government Publishing Office, www.gpo.gov]



                      DEFINING A TARGETED TAX CUT

  (Mr. CHABOT asked and was given permission to address the House for 1 
minute and to revise and extend his remarks).
  Mr. CHABOT. Mr. Speaker, when I hear some of my liberal friends on 
the other side of the aisle, not the gentleman who just spoke, I might 
add, talk about targeted tax cuts, I know exactly what they mean. It 
means you will not be getting one.
  Republicans, I should add, also are putting forth a targeted tax cut, 
but there is a very big difference. If you are a taxpayer, you get one.
  That is right, our targeted tax cuts target all taxpayers, a concept 
that really sticks in the craw of many of my liberal friends on the 
other side of the aisle.
  Many politicians in Washington have a hard time coming to grips with 
the fact that the budget surplus, a tax overpayment, really, does not 
belong to them. That money, every penny of it, belongs to the 
taxpayers.
  Washington is taking more than it needs out of the pockets of those 
who work all over this country and pay their taxes.
  The bottom line is the American people are overtaxed, and the real 
issue is, who should decide how the money gets spent: The bureaucrats 
up here in Washington, or the taxpayers all over this country.
  I will cast my lot with the people of this Nation. Let us cut the 
taxes on the American people, and let us do it now.

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