On the recordMay 16, 2001
For the last 8 years, and probably a few years of the Bush I administration, we have not had an energy policy. I am looking forward to the President releasing that policy tomorrow and seeing if the Congress might be in a partnership of putting together an effective energy policy for the country. In my congressional district, a family of four with a single wage earner earning the area's median income would currently pay a little more than $1,400. Their average income is $34,500 for a family of four. Under the President's plan, the $1,400 they currently pay under Federal income taxes, they would pay no Federal income tax money at all. This is tax relief across the board. If you pay in taxes, you get tax relief; and that tax relief can be significant at all levels, including the lowest level of income seeing the largest percentage of tax savings in this country. It is tax fairness, tax relief.
Source
govinfo.gov




