March 8, 2001  
 
The Honorable James Langevin
In the House of Representatives
Regarding H.R. 3, the Economic Growth and Tax Relief Act
 
Mr. Speaker, I ask unanimous consent to revise and extend my remarks.
I rise today in strong opposition to H.R. 3 because it flies in the face of the disciplined approach to spending, commitment to paying down the national debt and responsible tax relief that I have always advocated. 

In my home State of Rhode Island, the Republican plan will leave out an estimated 34,000 families and their 68,000 children because they do not have Federal income tax liability. A full 25 percent of Rhode Island's families with children would not see a cent under H.R. 3.

That is why I have cosponsored and will vote today for the Democratic substitute. I support a tax package that provides relief to everyone who pays Federal income or payroll taxes. This plan is fiscally responsible and offers immediate and fair relief for middle- and low-income families. What is more, the Rangel substitute will leave enough room for us to make substantial progress in paying down the national debt, a goal, which should inform every aspect of our budget policy. 

Therefore, I urge my colleagues to support the Democratic substitute and vote against the underlying bill. 


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