the Republican Congress has done what many of our liberal colleagues have thought impossible. We balanced the Federal budget while at the same time providing much-needed tax relief for hardworking families of this country. To top it off, the Congressional Budget Office says that we will actually show a surplus as a result of this historic agreement. Mr. Speaker, I urge my colleagues not to take their eye off that ball. Any tax surplus generated represents too much money the Federal Government has taken from the hard working American people. This money must be used either to reduce the national debt or return to the people in the form of additional tax benefits. I would like to commend the gentleman from Ohio [Mr. Boehner] for introducing the Taxpayer Dividend Act, which will ensure that this very important goal is met. I urge my colleagues to join me in cosponsoring this important bill.
Sam Gibbons: “the Republican Congress has done what many of our liberal colleagues have thought impossible. We balanced the Federal…”
Editor's note · Context
Discussing the balanced federal budget and tax relief during a speech on the House floor.
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