Mr. Speaker, since everybody wants to talk about the 1997 plan and what we did, just so we can all have a rendezvous with the record here, in fact we cut taxes on middle-class families with the introduction of the $500-per-child tax cut for people making $100,000 or less. We increased spending in higher education. We created the Children's Health Insurance Program, a $24 billion program for the children of uninsured parents who worked. We invested more dollars in environmental cleanup. We made long-term investments in the health of this country, which is in health care, education, and the environment. We expanded charter schools up to $2,000. So we in fact paid for those spendings because they were good investments. We reduced the deficit down to a balanced budget, and we cut taxes for middle-class and working class families. What we did not do was say every tax cut is good and every spending increase is bad. Some tax cuts are good. The $500 per child, which was the introduction in 1997, was a very good tax cut. As President Kennedy once said, to govern is to choose.
Editor's note · Context
Discussing the impacts of the 1997 tax plan and related spending initiatives.
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