[Congressional Record (Bound Edition), Volume 149 (2003), Part 10]
[House]
[Page 12947]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         ECONOMIC CLASS WARFARE

  (Mr. MENENDEZ asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. MENENDEZ. Mr. Speaker, the Republican tax plan is nothing more 
than voodoo economics. Only in Washington would Republicans tell 
average American families that raising their national debt is a way to 
solve this economy's malaise. Raising their debt.
  This is not a $350 billion tax package; it is a $1 trillion tax 
package, because no one believes that it will be ultimately eliminated 
once it is enacted. And that $1 trillion tax package is a job killer, 
not a job creator. Ask the 2 million-plus jobs we have already lost 
under the original Bush tax plan.
  And, yes, it has a child tax credit; but then, before you know it, it 
is taken away and eliminated. But guess what is not eliminated? The 
accelerated reductions in the top income tax. They are forever. Child 
tax credit: here today, gone tomorrow. Top tax relief: there forever. 
That is class warfare.

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