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Congressional Record PROCEEDINGS AND DEBATES OF THE 108th CONGRESS, SECOND SESSION

House of Representatives


June 3, 2004
 
Bush Tax Cuts Cause Largest Deficit in Nation's History
 
Mr. Speaker, in my home State of Arkansas, nearly 75,000 people are out of work today. Unemployment has increased by 19 percent in the last 3 1/2 years. 

However, our Nation's Treasury Secretary John Snow is visiting Arkansas today to talk about how President Bush's tax policy reforms are actually creating jobs in Arkansas. All the President's tax cuts for the wealthy have given us is the largest deficit ever in our Nation's history, tax cuts that our children will be forced to pay. 

For Secretary Snow to come to Arkansas today and tell Arkansans the administration's economic plan is creating jobs shows a blatant disregard for what Arkansas families are really facing. Working families do not need more rhetoric; they need jobs, they need affordable health care, they need a real Medicare prescription drug plan and, yes, they need lower gasoline prices, all things this administration has failed to do. 


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