Newt Gingrich: “I noticed in this morning's newspaper that the Democratic chairman of the Ways and Means Committee now believes we are…”

“I noticed in this morning's newspaper that the Democratic chairman of the Ways and Means Committee now believes we are going to need a tax increase for all Americans of up to $40 billion to pay for the Clinton health plan. Mr. Speaker, that is a lot of money. That comes to something on the order of about $650 a year for a family of four out of their pocket to the Federal Government. This is a new tax increase proposal by the Democrats' chairman after his proposal 2 weeks ago to raise the Social Security tax by 31 percent on every business, every worker in America, to pay for another problem he perceives. Mr. Speaker, we believe on our side that Government is too big and spends too much, and I do not think most working Americans or most American families are very excited by the prospect of the Democratic chairman of the Committee on Ways and Means making two major tax increase proposals in the last 2 weeks.”