William F. Smith: “Mr. Speaker, today we are faced with several very different budget proposals. First we have the Clinton plan. The…”

“Mr. Speaker, today we are faced with several very different budget proposals. First we have the Clinton plan. The Clinton plan raises the deficit in 1997 and again in 1998, but promises somehow to balance the budget after the President leaves office. Then we have two 'Washington knows best' plans. The same people who passed the largest tax increase in history now offer 'business as usual' schemes with either no tax relief or actual tax increases. Anyone who believes that our deficits result because families pay too little in taxes should support these budget plans. Finally, we have the House Committee on the Budget proposal, the only plan that puts taxpayers first. This taxpayers' budget is historic because it is the only plan that reduced both the deficit and middle-class taxes. Some special interests will attack this taxpayers' plan. These Washington insiders attack returning hard-earned money to the American families. These folks actually think that it is the Government's money. Mr. Speaker, they are wrong. It is not the Government's money to take; it is the people's money to keep. Working Americans, not politicians, produce wealth. Businessmen and women, not the Secretary of Labor, create jobs. Family income growth, not Government spending, enhances wealth.”