On the recordMarch 7, 2001
even at a time when consumer confidence is falling and energy costs are skyrocketing and the economy is slowing, Washington is racking up huge tax surpluses. This is just more evidence that Washington is overcharging taxpayers and that we desperately need to refund the surplus to the people who created it. Even as some economists are forecasting gloom and doom, the surplus numbers since Republicans took the majority control in Congress continue to roll in. That is why the time is now to pay off the public debt and to offer tax relief to hardworking Americans. If we are to pay off the debt and provide needed tax relief for economic growth and job security and balance the budget, we must keep government spending down and get rid of the waste and the fraud and the abuse. Last year's budget, let us face it, was out of control. But this is a new White House, one that is fiscally responsible. This White House realizes we are talking about the people's money. Mr. Speaker, tax relief will result in job security and economic growth and give some of the money back to the people who earned it in the first place. Let us cut their taxes. Let us do it now.
Source
govinfo.gov




