[Congressional Record (Bound Edition), Volume 150 (2004), Part 13]
[House]
[Page 17206]
[From the U.S. Government Publishing Office, www.gpo.gov]




                            BORROWING MONEY

  (Mr. ROTHMAN asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. ROTHMAN. Mr. Speaker, I am not sure that the American people 
understand what is happening with our fiscal House, our economic well-
being.
  I wonder if the American people know, Mr. Speaker, that the President 
of the United States is borrowing money to add to the largest annual 
deficit in the history of the United States, borrowing money to give 
tax cuts, tax cuts that will go disproportionately to households making 
over $300,000 a year.
  As the Wall Street Journal said just the other day, a very 
conservative newspaper, all of these prior trillion dollars of tax cuts 
have benefited primarily the very rich in our society, not the middle 
class, not the working class and not the poor; and they give reasons 
why that is so.
  Instead of borrowing money, adding to the deficit for more tax cuts 
for the rich, who have done very well, thank you very much, why do we 
not invest that money in our Nation's infrastructure, roads, bridges, 
sewers, hospitals, school buildings, so that not only do we provide 
good-paying jobs but at the end of it we have something to show for it 
and we do not force our local property taxpayers to pick up the tab 
when the Federal Government should be paying for it, instead of giving 
it to the very rich who have done extraordinarily well. God bless them, 
but they do not need the money. America and our taxpayers need the 
money.

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