Mr. Speaker, I thank the gentleman for yielding me time. Mr. Speaker, I will not be sarcastic. I might be somewhat morally indignant. And I really think it is up to individual Members how they choose to vote on this bill. But I do think…
Mr. Speaker, I thank the gentleman for yielding me time.
Mr. Speaker, I will not be sarcastic. I might be somewhat morally indignant. And I really think it is up to individual Members how they choose to vote on this bill. But I do think the bill clearly defines the Republican Party and it clearly defines the difference, and it defines compassion and conservatism as the Republicans understand it.
One might say there is some fascism in the bill and there is some socialism. That is okay too. But let us look at what the gentleman from New York (Mr. Rangel) talked about earlier.
4.3 million families in this bill, because of the Republican refusal to freeze the $10,000 cap on income, 4.3 million families below $10,750 a year will have a tax increase. That means 9.2 million children living in those families will have less money while their parents' income has stayed the same or gone up slightly. To fix that would cost $4.3 billion. There is not enough compassion on the Republican side of the aisle to find $4.3 billion over 5 years to help those 9 million of the poorest children in this country.
That is your Republican compassion. That is indecent, it is un- Christian and it is immoral.
Now, this same Republican Party has countenanced a Tax Code on the other side. Eighty-two of the Fortune 500 companies, the most profitable companies in the country, paid no taxes over 3 years, and those 82 companies received $12.6 billion in refunds. So the Republicans are willing to give 82 rich, biggest corporations $12.6 billion.
That is conservatism. But they do not have the compassion to let $4.3 billion be spent on the 9 million poorest children. There you have it. The Republicans will help 82 of the richest corporations with three times as much money as it would take to have helped the 9 million poorest children in this country.
So whatever you vote on this bill, it does not make any difference, but know the difference between the Republicans and the Democrats.
Mr. Speaker, I yield myself such time as I may consume.
I would just like to note, I have had this lesson in civics, and the gentleman is correct, the Congress does dispose. And in the tenure of the current chair of the Committee on Ways and Means, he has disposed of a $5.6 trillion surplus, and he now has us a $3 trillion deficit. He is throwing away $8 trillion, in his Republican leadership of the Committee on Ways and Means, and that is not so bad.
Mr. Speaker, I yield 2\1/2\ minutes to the gentleman from Washington (Mr. McDermott), a gentleman who has seen the inside of a military uniform.
(Mr. McDERMOTT asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I yield myself such time as I may consume.
I guess that there are people in the hall who are hearing things. Maybe they have receptors in their teeth. I heard no chuckles, but there are people who do get messages that are from strange sources; and they are certainly not in this hall.
Mr. Speaker, I yield 3 minutes to the gentleman from California (Mr. Becerra).
Mr. Speaker, could I inquire as to how much time remains.
Mr. Speaker, I yield 2 minutes to the gentleman from New Jersey (Mr. Andrews) for whom the complexities of a tax credit for the military would not exceed his intellect, as it obviously does the leader at the White House and the leader of the Committee on Ways and Means.
(Mr. ANDREWS asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I yield myself 30 seconds to speak on behalf of the gentleman from New York (Ranking Member Rangel).
I think somebody on the majority side misinterpreted the gentleman from New York's (Mr. Rangel) position. I am aware that the gentleman from New York (Mr. Rangel) intends to vote for this bill. He is unhappy with the fact that it is not paid for and that it mistreats our military and our very lowest income people, but he does intend to vote for it. I think to suggest that he is opposing the bill is a misstatement of his position, and he has asked me to set the record straight.
Mr. Speaker, I yield 3 minutes to the gentlewoman from Ohio (Mrs. Jones).
Mr. Speaker, I yield myself such time as I may consume.
It was the gentleman from Arizona, not the gentleman from California, who suggested that the gentleman from New York (Mr. Rangel) opposed the bill, and that was the misunderstanding that I wanted to correct. The chairman is correct, he did not suggest that the gentleman from New York (Mr. Rangel) was not in favor of the bill, and that was my point, to set that part of it straight.
Mr. Speaker, I am pleased to yield 2 minutes to the gentleman from Illinois (Mr. Emanuel).
Mr. Speaker, is the gentleman ready to close?
Mr. Speaker, I yield myself the balance of my time.
Mr. Speaker, I think it is clear, or at least I might respond, that the Presidential candidate that I am going to support never ducked out of his military duty or had his daddy buy him a soft berth to avoid combat.
We are talking now about a tax bill that I suspect will pass comfortably in the next few minutes, but I think it is important again to remember that the most vulnerable of our citizens are being disadvantaged. And I am talking about those in the military.
I might add that when President Clinton did the tax credit for the military change, we had no military in Iraq.
We also are disadvantaged, hurting, raising the taxes, if you will, on 9 million of the poorest children. On the one hand, we are giving $14 billion worth of tax breaks to corporations, when it would have only taken $4 billion of that to help the 9 million poorest children.
I do not see how any Christian or anybody with any compassion can square their conscience, can go home to dinner tonight and tell their family or their children, I just voted to harm 9 million of the poorest children in this country and I gave away $14 billion to the richest corporations in this country. That does not wash with compassion. That is underhanded and immoral and obscene, and it is part of this bill, written by the Republican chairman of the Committee on Ways and Means. And that is a fact.
There is no excuse for continuing to raise the deficit, which has been done under the leadership of the current Committee on Ways and Means, so that we have gone from a $5 trillion surplus to a $3 trillion debt. That is $8 trillion thrown away by the Republican leadership of the Committee on Ways and Means and this House, and countenanced and supported by the White House.
It is a shame that our leadership in the White House is so intellectually challenged that it cannot understand a tax credit. That in itself ought to be reason enough to change that leadership. Because by lacking the intellectual capability of understanding the Tax Code, they are harming our military.
Vote as you will, but understand the difference, Mr. Speaker, between Republican compassion and conservative giveaways to the very rich.
Mr. Speaker, I demand a recorded vote.