there are three parts of the Contract With America that are very important to the American people. Already passed, $180 billion for deficit reduction, $190 billion for spending cuts, and now we have tax cuts for individuals, families, seniors, and small business. A key goal to move money and power out of Washington and back to families and communities, Americans are better off making their own decisions rather than having Federal bureaucrats making decisions for them. The tax relief plan lets families keep more of their money to save for education, a first home, long-term care or retirement, lets small businesses invest without being penalized, and it will repeal the unfair Clinton tax on senior citizens' Social Security benefits and allow seniors to make more than $11,280 without deducting from their Social Security. Finally, Mr. Speaker, the tax cut will reduce the deficit, stimulate investment, and create jobs. Let us pass the bill.
Editor's note · Context
Discussing the benefits of the Contract With America and advocating for tax cuts.
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