[Congressional Record (Bound Edition), Volume 152 (2006), Part 6]
[House]
[Page 7670]
[From the U.S. Government Publishing Office, www.gpo.gov]




            TAX POLICY BENEFITING TOP 1 PERCENT OF AMERICANS

  (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, some people say this is a do-nothing 
Congress. They are wrong. This is the rubber-stamp Congress. Every 
Member of the Republican side is right now looking through his office 
for where is his rubber stamp, because this is one of the days when 
they come over here and rubber-stamp the President's tax cuts.
  The 13th page of the New York Times today carries the fact that the 
tax cut for the top 10 percent, 82 percent of the $69 billion goes to 
the top 10 percent.
  Now, that is not do-nothing, that is just forgetting the other 90 
percent in this country. And when a decent period has passed by, they 
are going to come out here and raise the debt limit again. That is in 
the paper today as well. They raised it in March, and they have given 
so much away and dug us so deep in debt that they are going to be out 
here doing it again.
  There is nothing in what we will do today that is useful for anybody 
who is at the middle class or below. This is all for the top 10 
percent. That is all these people are for. The time is coming for 
change in November.

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