I want to underscore to those listening that this is a $4 billion increase in spending in VA-HUD. Having listened to the arguments advanced by the other side of the aisle, it now becomes clear why Vice President Gore lost Arkansas and lost Tennessee, because he decided rather than advancing the ideas that can bring us together, they decide to fight the typical class warfare argument. Tax cuts for the rich has been repeated time and time again on this floor. They keep saying that 1 percent of the wealthiest Americans are getting the biggest advantage under the tax cut. But you will notice none of those on the other side of the aisle will tell you that a person, say, earning $300,000 a year pays about $120,000 in taxes. They do not tell you the burden that that person carries to fulfill the bills we are passing on the floor today. I think the gentleman from New York (Chairman Walsh) has done a phenomenal job in trying to meet the priority needs of this Nation. If you look throughout the bill you will see increasing in funding for AIDS programs, homeless programs, military and other vital missions of this country.
Thomas Foley: “I want to underscore to those listening that this is a $4 billion increase in spending in VA-HUD. Having listened to the…”
Editor's note · Context
Discussing the implications of tax cuts and spending increases in VA-HUD during a floor debate.
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