NAN A. S. HAYWORTH: “I rise in opposition to the Kennedy amendment, because once again we stand at a historic juncture where we can make a…”

“I rise in opposition to the Kennedy amendment, because once again we stand at a historic juncture where we can make a very clear choice. Because quite the contrary what my colleague from Massachusetts has said, when we offer broad-based tax relief to working families, we are not lining the pockets of the rich. Quite the contrary. We are allowing working families to save, spend and invest more of their hard-earned money as they see fit. Sadly, the Kennedy amendment offers no net tax relief for the American people. That is the reality of the Kennedy amendment. Now, it is true if there are those in this Chamber who believe that the era of big government should continue, they should support the Kennedy amendment. However, we have a broad-based agreement which says that we should frame our priorities properly, we should allow almost every American to hold on to more of his hard-earned money and send less of it here to Washington. We have worked out agreements and fashioned in the spirit of compromise a reasonable approach to fund priorities on both sides of the aisle, and that is why we must oppose the Kennedy amendment.”