when we were here in the House the other day to vote on the third tax cut of the President, the majority leader stated that we were going to be back and they were going to be back with another tax cut. Well, we have a tax cut. It is on behalf of working families and their children, so I would like to take the majority leader up on his offer to have another tax cut immediately following the first three tax cuts that they have passed, and bring up this tax cut that he said we were going to have, one right after we got back from session. We were going to have another tax cut. Not even was the ink dry, but we were beginning to work on another tax cut. I found it a little ironic that night when I heard the majority leader say that, because I thought this was going to be the jobs and growth tax cut. Why do we need another tax cut if this was going to be so effective? Maybe it will produce the same results the first tax cut did, which has resulted in 2.75 million Americans losing their jobs, 5 million Americans losing their health care, $1 trillion worth of foreclosed corporate assets, and 2 million Americans walking out of the middle class into poverty. But they want to do another tax cut; so, as we say in Chicago, I've got you one. That is, I have a tax cut for middle-class, working-class families and their children, the Rangel-DeLauro-Davis bill. It focuses our priorities on working families and children. It makes good economic sense, and it makes good moral sense.
Editor's note · Context
Discussing the implications of proposed tax cuts for working families during a House debate.
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