[Congressional Record (Bound Edition), Volume 149 (2003), Part 10]
[House]
[Page 13476]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          CLOWN CAR TAX POLICY

  (Mr. McDERMOTT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. McDERMOTT. Mr. Speaker, the Leave No Child Behind President 
recently signed into law the third largest tax cut in history. But the 
tax bill was really like one of those clown cars you see at the circus. 
Because of the budget gimmicks, the Republicans squeezed nearly a 
trillion dollars in tax cuts into something that only looked big enough 
to hold $350 billion.
  The whole tax bill was a big masquerade and the Congress participated 
in the party. While pressing for these tax cuts, President Bush 
declared, My jobs and growth plan will reduce tax rates for everyone. 
Everyone, I emphasize, who pays income tax. That is wrong.
  In fact, 8.1 million lower- and middle-class Americans who paid 
billions of dollars in income tax will receive no tax reduction 
whatsoever; 36 percent of American households, 50 million households, 
in the United States will receive no benefit whatsoever.
  Now, if I wonder where the next clown will pop up, maybe it will be 
in the White House.

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