William R. Richardson: “the Republican Contract With America is not with middle class America. It is a contract to help well-to-do and corporate…”

“the Republican Contract With America is not with middle class America. It is a contract to help well-to-do and corporate America. The middle-class hardworking people of this country are going to be paying for Republican tax cuts for the wealthy. Here are the facts. Republicans will cut funding for every American who wants to choose educational television programs. Republicans will cut funding for veterans, for medical equipment that vets need even though more veterans need medical help. Republicans will cut funding for students by cutting drug-free schools, summer jobs for youth, academic scholarships, a total of $1.7 billion in education cuts. Mr. Speaker, it is virtually certain that none of these cuts will go for deficit reduction. Mr. Speaker, instead the savings will go to finance a capital gains tax cut, 76 percent that will go to people with incomes of $100,000 or more. Mr. Speaker, this is not a contract with middle-class America.”