[Public Papers of the Presidents of the United States: William J. Clinton (1995, Book I)]
[February 13, 1995]
[Pages 197-198]
[From the U.S. Government Publishing Office www.gpo.gov]



Message to the Congress Transmitting Proposed Middle Class Tax Relief 
Legislation
February 13, 1995

To the Congress of the United States:
    I am pleased to transmit today for your immediate consideration and 
enactment the ``Middle-Class Bill of Rights Tax Relief Act of 1995.'' I 
am also sending you an explanation of the revenue proposals of this 
legislation.
    This bill is the next step in my Administration's continuing effort 
to raise living standards for working families and help restore the 
American Dream for all our people.
    For 2 years, we have worked hard to strengthen our economy. We 
worked with the last Congress to enact legislation that will reduce the 
annual deficits of 1994-98 by more than $600 billion; we created nearly 
6 million new jobs; we cut taxes for 15 million low-income families and 
gave tax relief to small businesses; we opened export markets through 
global and regional trade agreements; we invested in human and physical 
capital to increase productivity; and we reduced the Federal Government 
by more than 100,000 positions.
    With that strong foundation in place, I am now proposing a Middle 
Class Bill of Rights. Despite our progress, too many Americans are still 
working harder for less. The Middle Class Bill of Rights will enable 
working Americans to raise their families and get the education and 
training they need to meet the demands of a new global economy. It will 
let middle-income families share in our economic prosperity today and 
help them build our economic prosperity tomorrow.
    The ``Middle-Class Bill of Rights Tax Relief Act of 1995'' includes 
three of the four elements of my Middle Class Bill of Rights. First, it 
offers middle-income families a $500 tax credit for each child under 13. 
Second, it includes a tax deduction of up to $10,000 a year to help 
middle-income Americans pay for postsecondary education expenses and 
training expenses. Third,

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it lets more middle-income Americans make tax-deductible contributions 
to Individual Retirement Accounts and withdraw from them, penalty-free, 
for the costs of education and training, health care, first-time home-
buying, long periods of unemployment, or the care of an ill parent.
    The fourth element of my Middle Class Bill of Rights--not included 
in this legislation--is the GI Bill for America's Workers, which 
consolidates 70 Federal training programs and creates a more effective 
system for learning new skills and finding better jobs for adults and 
youth. Legislation for this proposal is being developed in cooperation 
with the Congress.
    If enacted, the Middle Class Bill of Rights will help keep the 
American Dream alive for everyone willing to take responsibility for 
themselves, their families, and their futures. And it will not burden 
our children with more debt. In my fiscal 1996 budget, we have found 
enough savings not only to pay for this tax bill, but also to provide 
another $81 billion in deficit reduction between 1996 and 2000.
    This legislation will restore fairness to our tax system, let 
middle-income families share in our economic prosperity, encourage 
Americans to prepare for the future, and help ensure that the United 
States moves into the 21st Century still the strongest nation in the 
world. I urge the Congress to take prompt and favorable action on this 
legislation.

                                                      William J. Clinton

The White House,

February 13, 1995.

Note: A fact sheet on the ``Middle-Class Bill of Rights Tax Relief Act 
of 1995'' was also released by the Office of the Press Secretary.