[Congressional Record (Bound Edition), Volume 147 (2001), Part 2]
[House]
[Page 3026]
[From the U.S. Government Publishing Office, www.gpo.gov]



                        THE PRESIDENT'S TAX CUT

  (Mr. BACA asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. BACA. Mr. Speaker, my father had 15 children. He knew what money 
was in his paycheck to be budgeted for all of us to have shoes and 
shelter, to make sure that we had enough food to eat. He had to do it 
wisely and budget it. Otherwise we would have gone bankrupt. We would 
not have had enough money for shoes, food or shelter.
  What the Republicans are trying to do is to make a commitment for 10 
years without a budget. If a family tries to do that or a business, it 
would be bankrupt in a few years. That is just what this tax bill that 
the Republicans rushed through will do. We owe it to the American 
people to give them a tax cut. No one disagrees. However, we owe it to 
them to do it right. We have to do it responsibly. We have to do it 
wisely. We have to have a budget first.
  This tax plan is based on phony-baloney numbers. There is no 
substance without a budget. There is no beef, Mr. Speaker.

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