On the recordJune 10, 2003
tonight I rise to speak on behalf of future generations of Americans. The needs of these children, and their children, are clear. They need a strong economy, quality education, health care and a clean environment. The $350 billion tax cut passed by House Republicans provides none of this. In fact, the tax cut steals from the future to feed the greedy of today. Last-minute changes made by Republicans will prevent families, like this one, with incomes of less than $26,000, who have 11.9 million children, from receiving the child tax credit. In fact, 1 out of every 4 families in my district in California will get no child tax credit. Working families, like the one pictured here, who told me how hard they are working just to provide basic needs for their children, will get nothing. House Republicans claim they could not fit these families into their tax cut. Somehow they found plenty of room, however, to allow corporations such as Enron to continue to hide $50 billion in offshore tax shelters. How can I go back to my district and tell families such as this one that their children will get no tax relief because Republicans chose to protect corporate tax shelters instead? In the Republican plan to rob the future, millionaires get $90,000 in tax cuts, while working families like this one, who build and invigorate our economy, will get next to nothing. For example, 47 percent of the people in my State of California will get a total tax cut of less than $100.
Source
govinfo.gov




