Angie Craig: “Tax relief is an important component of that budget and an important issue to the American people. As a matter of…”

“Tax relief is an important component of that budget and an important issue to the American people. As a matter of fundamental fairness, the most heavily taxed generation in America's history, in my opinion, deserves tax relief. There is plenty of room in this budget for tax relief. Listening to some of the speeches in this Chamber last week, one would assume we were dramatically cutting the budget of the American people in order to give some of that money back. That is simply not true. The budget resolution increases overall spending by about 5 percent. Important national needs will be met. We are taking less than a third of the total surplus--surplus tax dollars--to provide tax relief. Without question, there is room in this budget to provide tax relief to that overtaxed American consumer taxpayer and to adequately fund a budget for America's citizens. According to the Tax Foundation, May 3 was tax freedom day this year. In other words, the average working American had worked from January 1 through May 3 just to pay his or her taxes.”