Tax Day

Floor Speech

Ms. CHU. Mr. Speaker, Republicans want Americans to believe that they are the party of tax cuts. Sure, they are--tax cuts for the rich. In these tough times, their brand of tax relief wouldn't help Sue and John, working parents who are raising three kids and who are trying to make ends meet.

Yet this Congress knows that America's future can't be based on huge tax cuts for the wealthy. We have to give real tax relief to real working Americans, and that is just what we've done. We've done it for 95 percent of working families, saving them up to $800 a year. We've done it by making it easier for young families to buy their first homes, saving up to $8,000, and we've done it by making it easier for parents to save up to $2,500 to pay for college. This Congress has passed 25 different tax cuts, saving American families over $800 billion, and more relief is on the way.

The overheated rhetoric of the minority is not based on reality. By any measure, taxes are lower today than they were under their leadership.

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