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FOR IMMEDIATE RELEASE
March 31, 2004
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Pelosi Statement on Treasury Department's Analysis of Democratic Tax Plan

Washington, D.C. -- House Democratic Leader Nancy Pelosi, Congressman Charles Rangel (D-NY), Ranking Member of the Ways and Means Committee, held a press conference this afternoon to urge the Bush Administration to halt the inappropriate use of taxpayer funds to research a Democratic tax plan. Below are Pelosi's remarks:

On Bush Administration priorities:

"The Bush economic team is quick to do a political tax analysis for Tom DeLay to give to the Republican National Committee, but slow to create even one single job."

"If you think the Bush Administration shares your priorities, just look at one day in the life of the Bush Administration's economic team:

"Yesterday, we learned that while the Bush Administration chose to give tax cuts to millionaires, it did not choose to fund an IRS request to disrupt terrorists' financial networks. Even after the loss of a record 2.8 million jobs, the Secretary of the Treasury still spent the day defending the outsourcing of good-paying U.S. jobs. And the Treasury Department, at the request of the Majority Leader in the House, prepared a tax analysis for blatantly political purposes.

"According to today's Wall Street Journal: 'The Treasury tapped civil servants to calculate the cost of Senator John Kerry's tax plan and then posted the analysis on the Treasury Web site. A federal law bars career government officials from working on political campaigns.'

"This of course was transmitted to House Majority Leader DeLay and to the Republican National Committee. The Bush economic team is quick to do a political tax analysis for Tom DeLay to give to the Republican National Committee, but slow to create even one single job.

"Democrats are calling for the Treasury Department to finally do the complete analysis of the 2001 and 2003 Bush tax cuts that it never did.

"And unlike the Republicans, Democrats have offered a fiscally responsible budget that would create jobs now."



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