[Congressional Record (Bound Edition), Volume 145 (1999), Part 15]
[House]
[Page 20864]
[From the U.S. Government Publishing Office, www.gpo.gov]



  THE AMERICAN PEOPLE WANT AND DESERVE A FAIR AND RESPONSIBLE TAX CUT

  (Mr. KNOLLENBERG asked and was given permission to address the House 
for 1 minute.)
  Mr. KNOLLENBERG. Madam Speaker, the American people want and deserve 
fair and responsible tax relief for all taxpaying citizens. This 
balanced plan sets aside 75 cents of every dollar from the $3.3 
trillion surplus to the important task of strengthening Social 
Security, reforming Medicare and paying down the national debt.
  Our tax relief proposal also rebuilds our military and pays for other 
vital programs. Despite the demagoguery, the Republican tax relief bill 
does not, I repeat, it does not cut existing programs to pay for 
itself. The fact is that 25 cents of each overpaid surplus tax dollar 
is returned back to the American people. It is their money, and they 
very much deserve to be refunded for a part of the surplus over the 
course of the next 10 years.
  This is very important, too. I remind my colleagues that none of this 
tax relief will be realized if first the surplus does not materialize. 
With taxes at an all time high, with the Government in the black, I 
urge the administration to embrace this responsible approach and 
rethink their veto strategy on behalf of the American taxpayers. It is 
not too late for this administration to do the right thing.

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