On the recordApril 1, 2003
the good news is that we can afford to meet the funding needs of the Veterans Administration. We have the money. But the Republicans, in spite of the comments from my colleague from Texas, have other priorities. They are going to award the wealthiest 1 percent of Americans a tax cut. The top 1 percent of Americans are people who make an average of $968,000 a year. Half the tax cut goes to that 1 percent. The total cost of that tax cut for the top 1 percent, those making on the average $968,000 a year, the total cost of that tax cut is larger than the entire budget of the Department of Veterans Affairs. Most veterans are not millionaires, but their contributions to this country are immeasurable. If they do not qualify for the President's tax cut, then they must sacrifice. That is the way that people around here are thinking. We cannot begin to place a value on the sacrifices they have made. But apparently President Bush and House Republicans are putting a value than their contribution, and, under the budget my friend from Texas just mentioned, they think that veterans can stand to lose $28 billion in services. Republicans believe it is more important to focus on millionaires who qualify for tax cuts than on the men and women who served this country and qualified for veterans benefits. Tax cuts for millionaires; $28 billion in cuts for veterans benefits. It is outrageous.…
Source
govinfo.gov




