Mr. Speaker, I want to continue a series now that I have been doing for my colleagues that outlines a project which we call lessons in education. This is the fifth in a series. This is the fifth lesson, and it is about new spending and what the impact of new spending is. The impact is that new spending equals a new tax burden. It is something that sometimes is lost on us here in Washington. It is lost on my colleagues, that as we come up with an idea for more new programs, more good programs, solving more problems from Washington, that the increased spending, the impact of that is that someone has to pay for it. So lesson 5 is, let us not forget that new spending equals a new tax burden on America's families.
Pete Hoekstra: “Mr. Speaker, I want to continue a series now that I have been doing for my colleagues that outlines a project which we…”
On the recordMarch 19, 1997
Source
govinfo.govEditor's note · Context
Discussing the implications of new spending and its impact on tax burdens during a speech on education.
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