I would like to provide background for and an explanation of the tax provision contained in H.R. 435. Clarify Definition of ``Subject to'' Liabilities Under Section 357(c) present law Present law provides that the transferor of property…
Bill Archer
The Public Record
The plan before us today does three principal things: It extends a series of tax relief provisions to help businesses create jobs; it helps people coming off of welfare as well as other hard to place workers to get jobs; and it includes…
Mr. Speaker, as a brief response, I would say if the gentleman's logic is correct today, it was more correct last year, because the amount of the tax bill last year was bigger than the amount of the tax bill this year. It required…
I am from the show-me State. When my friends on the other side said there is no way that the Republican majority can balance the budget and provide tax relief, we showed them we could do it. Now we are telling them that we can save Social…
Mr. Speaker, simply to respond, since Lyndon Johnson was President, we have operated under what is called a unified budget, and all of the monies that are received by the Federal Government are put into one basket. All of the spending is…
Mr. Speaker, although the tax cut last year, signed by the President, proclaimed by the President required more government borrowing, it did not raid or jeopardize Social Security. Today, when we have a surplus of $60 billion instead of a…
Let me add my comments about the service that Mary Jane Wignot has had in helping our committee work through so many trade issues for so many years. I think from almost the first time that I can remember trade deliberation on the Committee…
Mr. Speaker, this could be a fulcrum moment in America's future. This is an unusually fragile time for economies throughout the world, the likes of which we have not seen for generations. There are only a few things that we in America can…
Mr. Speaker, it is like a broken record on the other side. Perhaps the same speech writer writes the same speeches for every one of them, and if they say ``raiding the Social Security trust fund'' over and over again, perhaps people who do…
When I was first appointed to the Committee on Ways and Means in January of 1973, I took an immediate interest in Social Security. There was no subcommittee then, but I knew how vital it was, not just to current retirees but to future…
Democrats, I believe, do want to preserve Social Security. So do Republicans. There is no difference. We both want to preserve Social Security. The difference is that for 40 years of Democrat control, they ran a deficit. They spent more at…
not one penny of the money for this tax cut will be taken from the Social Security trust fund. Please, let us get off that and talk about the merits of this tax bill.
on the statement made by the gentleman from New York, I am not sure where he got what he presented to the House, but we received what we presented to the House off of C-Span. Therefore, it was not in violation of the rules.
Mr. Speaker, I would once again point out that the term ``raiding the social security trust fund,'' which obviously is programmed to be in each of the Democrats' presentations, is completely and totally false, and it is reprehensible that…
I am excited and pleased to be able to speak in favor of naming the CIA headquarters at Langley, Virginia as the George H. W. Bush Center for Central Intelligence. I am proud for many reasons. Yes, I do hold the seat that he held in the…
Mr. Speaker, two principles have forever guided our Nation, individual freedom and liberty. As a democratic Nation whose strength derives from its people, we have achieved high degrees of each, unsurpassed by any nation in all history. It…
I think it is important, number one, that we have terminology that fits the facts, as the gentleman has said. What has been called MFN or most-favored-nation actually merely means normal trading relations. Toward the end of the conference…
Mr. Speaker, today is a great day for the American taxpayer. As families gather together next week to celebrate the Fourth of July, a day that recognizes the independence of all Americans, they can be proud to know that this Congress has…
Members of this Congress should know that the gentleman from Ohio (Mr. Traficant) led the fight for shifting the burden of proof, and it was because of the gentleman that I put it in the bill in the Committee on Ways and Means. It was not…
I am somehow puzzled over and over again as I listen to comments from the other side of the aisle, and I just listened to our previous colleague say that this takes dollars away from public education. That is totally, totally false, and he…
the issue before us today presents a simple question--whose side are you on? Are you a defender of the unfair, complicated, high-tax status quo, or are you in favor of reform? If you support reform, then I urge you to join me in a…
I remember over the years when we were in the minority and we had a Republican President in the White House, the Democrat leadership over and over again brought the Republican budget to the floor so we could have a chance to vote on it…
I stand in reluctant opposition to the conference report on H.R. 2400, the ``Building Efficient Surface Transportation and Equity Act of 1998.'' I am reluctant because the conference report preserves the goals of the House bill to…
Mr. Speaker, the education of our children is one of the most important issues that our Nation faces. Part of our educational system is outstanding; it is competitive with the world, if not better than the rest of the world. But there are…
as I read the gentleman's motion to instruct, it says that whatever is accomplished must be accomplished within the scope of the conference, and I think the gentleman is aware that that cannot occur irrespective of how strongly we might…





