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Congressional Record article 44 of 50 | Full Display - 1,896 bytes.[Help] |
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(Mr. SCHAFFER asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)
Mr. SCHAFFER. Mr. Speaker, the President's penchant for raising taxes on America's working-class families, to fund costly, unproven and inefficient government programs for special interest groups, his expected veto today of the Taxpayer Relief Act is neither surprising nor unexpected. However, one would think this President would care to leave a better legacy than having created the most costly and overbearing bureaucracy in the history of our Nation.
If and when the President uses his veto pen later today, he will effectively eliminate the best opportunity we have ever had to protect Social Security and Medicare, while paying down the massive debt our country has accrued after 40 years of liberal spending.
There is more, Mr. Speaker. In addition to offering broad relief for middle-class taxpayers, including the repeal of the death tax , an across-the-board reduction in income and capital gains tax rates, marriage tax penalty relief and education, health care and dependent care assistance, the Taxpayer Refund and Relief Act contains provisions specifically designed to assist America's farmers and ranchers currently enduring the worst farm economy since the Great Depression.
The President's harmful treatment of agriculture is nothing
new either. His affinity for campaign-style rhetoric, broken promises and
outright hostility toward agriculture has resulted in record numbers of farmers
and ranchers facing defaults, foreclosures, and farm auctions.