On the recordApril 5, 1995
I rise against the rule and the Republican tax cut for the wealthy that this rule allows, a Republican tax cut plan where, according to the Citizens for Tax Justice, more than 71 percent of total capital gains tax cut breaks goes to those who make more than $200,000 a year. The question is: Who is going to pay? School lunches are getting cut. Elderly are getting tossed out of senior high-rises because they are reducing the amount of subsidies for the elderly to have affordable high-rises. In addition, they have not let the students alone either. They are now going to tack on interest payments for student loans starting the day the student enters the university. This is not progressive and far from being the middle-class tax cut that the Republicans would have us believe because it is putting the burden on the students, and who gets the break? The people who have the most money. It figures. It is the Republicans all over again.
Source
govinfo.gov
