[Congressional Record (Bound Edition), Volume 146 (2000), Part 11]
[House]
[Page 16425]
[From the U.S. Government Publishing Office, www.gpo.gov]



                         GORE SENIOR TAX POLICY

  (Mr. STEARNS asked and was given permission to address the House for 
1 minute.)
  Mr. STEARNS. Mr. Speaker, the Austrian philosopher Karl Krauss once 
wrote, ``When the end comes, I want to be living in retirement.''
  Many Americans in this country feel that way. They put in countless 
hours anticipating the day when they will retire. Unfortunately, the 
Clinton-Gore administration sees these benefits as a prime opportunity 
to grab more money for the Federal Government.
  In 1993, the Clinton-Gore administration decided to tax up to 85 
percent of the Social Security benefits received by single seniors 
whose incomes were $34,000, and married taxpayers, seniors, with 
incomes exceeding $44,000.
  Worse yet, Mr. Speaker, because these incomes were not indexed for 
inflation, the tax effects were more dramatic every year for our 
seniors.
  This week the House will vote to end this burdensome tax and give 
seniors a


well-deserved tax break. Seniors have paid their fair share of taxes. 
It is time we repeal the Clinton-Gore seniors' tax.

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