Motion To Instruct Conferees On H.R. 1308, Tax Relief, Simplification, And Equity Act Of 2003
Mr. Speaker, I would like to join this debate for a brief moment and, first, echo the remarks of the gentleman from Texas and commend anyone in this institution for their commitment to end waste, fraud and abuse within the Federal…
Mr. Speaker, I would like to join this debate for a brief moment and, first, echo the remarks of the gentleman from Texas and commend anyone in this institution for their commitment to end waste, fraud and abuse within the Federal Government's spending practices. No one party controls a monopoly on good ideas, and so we must always be open and subject to agreeing where we should.
We hear about the debt tax. My wife and I live in Lavonia. We are thoroughly middle class. We have both roughly working class backgrounds. My parents were teachers. My wife came from a single- income family. We have three children, 11, 9, and 6; boy, boy, girl. And so when we hear about relief for working families, believe me, I understand it. But what I also understand, as having been an elected official for a while, is that in terms of eliminating waste, fraud, and abuse, that is something that, regardless of whatever the tax policy of the United States is, we should all be committed to doing. It is not merely a collective burden. It is a burden that individually falls on each and every single Member of this Chamber and one which, if we do not pursue, we are remiss.
My concern by linking working families' tax relief and tax relief for small businesses, many of which in my district, a manufacturing district, are tier one and tier two auto suppliers, is that in linking them to the tax relief, we run the risk of holding working families' tax relief hostage to Washington's big spending practices. In short, it amounts to the fact that no matter how much money they pay to the Federal Government, unless they stop spending even more of their money, they will get no tax relief. That is not an incentive to appropriators to stop appropriating too much of their money. That is not an incentive to go find waste, fraud, and abuse and end it in the Federal Government. That is an incentive for Washington to continue spending, because Washington will not feel the price of their largess. They will.
So I think that that is my concern in this debate, trying to link those two together because I do not believe working families should be punished. I do not believe small businesses should be punished. I do not believe anyone in the American economy should be punished for Washington appropriators' misspending or misappropriation of their funds.
In the final analysis, there is also something that we have to touch on and I have touched on as a member of the Committee on the Budget and I will continue to touched on. We hear much about the deficit. We hear much about inherited recessions. We can argue that we inherited a recession, as we heard last night; but the reality is that I think the numbers were about 9 percent of the economy was lost in one quarter, the final quarter of the Clinton administration, which I will say for the record is not a recession because it takes two quarters of negative growth to constitute a recession. Granted, no one really works that fast that they can lose 9 percent of the American economy in one quarter, but it was done, which does not constitute a recession. But as jobs follow a recovery upward, jobs follow down too in a recession, in a collapse.
In the 1990s, and I will preface this with what I have said, which is that we cannot blame the Clinton administration nor this Congress for these three things changing. I know it is hard to believe, but sometimes things are outside our control. In the 1990s we had the first rush of globalization, which was beneficial to the United States at the time. We have since seen the long-term downside of that. We then saw the rise of the Internet, which was an enormous boon to the American economy, a lot of it based on potential because we had not learned how to factor that in.
The final, and I think the most important, was the collapse of the Soviet Union because at that point in time we all thought we had a ``peace dividend,'' and the American economic activity was spurred here and was spurred throughout the globe. What those three things have been replaced with are now the downside of the outsourcing problems that we have.
I speak as a representative from a manufacturing district. We now have the fact that not everyone is going to buy things on the Internet. We have seen a constriction of the optimism, and I think a large part of that was manifested in the dot-com boom; and, most importantly, we have seen the rise of the war on terror. These factors are as much driving the shaky economy that we have in many areas of this country as anything else because we replaced the perfect storm of economic prosperity we saw in the 1990s with these three detriments.
And every single American, especially for the war on terror, has to figure out how that is going to play into their economic outlook from their family room to their boardroom. The mistake that we would make is in claiming that somehow this recession that was passed and we are coming out of in this recovery are as normal as anything we have ever been through before. I totally disagree with that premise. And I think that as we continue to link working-family relief or small-business relief, things that are important, things that will encourage people to make investment decisions, will encourage them to come out of their shell in these difficult times both here at home economically and internationally in terms of the war on terror.
If these things are allowed to expire, the American public, which grows this economy, will have an even more difficult time figuring out how to factor in the irrational act of terrorism into their rational economic calculations they have made for years and years and years. So my concern is, and it is echoed by the gentleman from Texas, is that that is a wrong message to send.
But I would like to conclude by commending the gentleman for his commitment in trying to end waste, fraud, and abuse in the Federal Government.