If the gentleman form Georgia will yield further, just to add to what the gentlewoman from California said, that is all the taxes that take it up to May 8. But adding up all the Federal, State and local regulations, you actually get into July before you start receiving a dollar you can keep. I think what this 104th Congress has done, we have really, with the Republican majority, been able to derive some things that the gentleman from Maryland talked about earlier which will give us permanent change. We passed a balanced budget for the first time since 1969; we passed the line-item veto which is now the law so we can cut out pork-barrel legislation just to get Congressmen or Senators reelected; we ended unfunded mandates where we tell local governments, 'You have got to pay for this just because we passed a bill on to you'; and we passed regulatory reform. By doing that, we hope that Americans will be able to keep more of their paycheck instead of sending so much to Washington to go to more waste and programs that have already taken care of this.
Editor's note · Context
Discussing fiscal reforms and regulatory changes during a speech in Congress.
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