Eva M. Clayton: “I oppose this rule which violates U.S. House Budget principles by allowing consideration of a tax proposal prior to the…”

“I oppose this rule which violates U.S. House Budget principles by allowing consideration of a tax proposal prior to the adoption of a budget resolution. The President's tax cuts are too big, are based on fuzzy math and unreliable long-term economic projections, unfairly favor the very wealthy, provide absolutely no benefit for many low-wage earners, provide limited economic benefits for the next five years, fail to adequately protect Social Security and Medicare, and are being considered before the House adopts a budget in violation of budget laws and common sense economic planning principles. If we choose wisely, we can provide sensible tax relief for all Americans, we can pay down the national debt, and we can invest in the priorities of the American people and the people of the First District of North Carolina--providing quality educational opportunities for all of our children, providing prescription drugs for our senior citizens so that they do not have to make the tough choice of buying medicine or buying food, supporting our hard working farmers, fighting the scourge of child poverty, and strengthening our social security systems so Americans can rest easy today confident in a secure retirement tomorrow. But I am concerned that we will squander this opportunity before having a serious debate about priorities. President Bush talks about taking down the toll booth to the middle class, but is this what his tax plan would really do?”