H.R. 429, a Bill to Institute a "deficit Reduction" Check-off Box on Individual Income Tax Returns: Hearing Before the Subcommittee on Select Revenue Measures of the Committee on Ways and Means, House of Representatives, One Hundred Third Congress, First Session, on H.R. 429 ... November 16, 1993, Volume 4 |
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Page 13
... referendum every April 15 on Federal expenditures . There is much confusion about how this relatively modest idea works . Allow me to briefly summarize it . When passed , the bill would give taxpayers the option of voluntarily ...
... referendum every April 15 on Federal expenditures . There is much confusion about how this relatively modest idea works . Allow me to briefly summarize it . When passed , the bill would give taxpayers the option of voluntarily ...
Page 17
... REFERENDUM EVERY APRIL 15 ON FEDERAL EXPENDITURES . THERE IS MUCH CONFUSION ABOUT HOW THIS RELATIVELY MODEST IDEA WORKS . ALLOW ME TO BRIEFLY SUMMARIZE IT . WHEN PASSED , THE BILL WOULD GIVE TAXPAYERS THE OPTION OF VOLUNTARILY ...
... REFERENDUM EVERY APRIL 15 ON FEDERAL EXPENDITURES . THERE IS MUCH CONFUSION ABOUT HOW THIS RELATIVELY MODEST IDEA WORKS . ALLOW ME TO BRIEFLY SUMMARIZE IT . WHEN PASSED , THE BILL WOULD GIVE TAXPAYERS THE OPTION OF VOLUNTARILY ...
Page 21
... referendum on spending and the deficit every April 15. Every single April 15 , we will get that referendum . Each and every year Congress will know beyond a shadow of a doubt how the American people feel about our fiscal situation . If ...
... referendum on spending and the deficit every April 15. Every single April 15 , we will get that referendum . Each and every year Congress will know beyond a shadow of a doubt how the American people feel about our fiscal situation . If ...
Page 25
... REFERENDUM ON SPENDING AND THE DEFICIT EVERY APRIL 15TH . EACH AND EVERY YEAR CONGRESS WILL KNOW , BEYOND A SHADOW OF A DOUBT , HOW THE AMERICAN PEOPLE FEEL ABOUT OUR FISCAL SITUATION . AND , WE WILL BE FORCED TO ACT ON IT . I AM WELL ...
... REFERENDUM ON SPENDING AND THE DEFICIT EVERY APRIL 15TH . EACH AND EVERY YEAR CONGRESS WILL KNOW , BEYOND A SHADOW OF A DOUBT , HOW THE AMERICAN PEOPLE FEEL ABOUT OUR FISCAL SITUATION . AND , WE WILL BE FORCED TO ACT ON IT . I AM WELL ...
Page 26
... referendum every year . And my guess is that if people figured out it was doing something that they didn't like , that they wouldn't take the check- off next year . Chairman RANGEL . So if I am a farmer who is enjoying a subsidy and I ...
... referendum every year . And my guess is that if people figured out it was doing something that they didn't like , that they wouldn't take the check- off next year . Chairman RANGEL . So if I am a farmer who is enjoying a subsidy and I ...
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Common terms and phrases
American amount designated April 15 balanced budget amendment baseline bill billion budget deal budget process Chairman RANGEL Citizens Committee CONGRESS THE LIBRARY Congressional Budget Office Congressman Walker constitutional debt and deficit Debt Buy-Down Act Debt Reduction Trust deficit reduction deficit spending deposit insurance discretionary spending dollars economic effective enact ESS THE LIBRARY estimates fact federal government federal spending going government spending Gramm-Rudman HANCOCK hearing income tax liability increase spending individual income tax interest KOPETSKI legislation LIBRARY OF CONGRESS maximum MCCRERY national debt National Taxpayers Union ONGRE outlays participate policymakers President problem proposal Public Debt Reduction RARY reduce the deficit Reduction Trust Fund referendum REISCHAUER RESS result savings Select Revenue Measures sequestration Social Security spending cuts spending programs spending reductions statement SUBCOMMITTEE ON SELECT tax hikes tax increases tax returns Taxpayer Debt Buy-Down Thank tion trillion TURE U.S. House vote
Popular passages
Page 67 - Mr. Chairman and members of this Committee, thank you for the opportunity to...
Page 2 - It is urged that persons and organizations having a common position make every effort to designate one spokesperson to represent them in order for the Subcommittee to hear as many points of view as possible. Time for oral presentations will be strictly limited with the understanding that a more detailed statement may be included in the printed record of the hearing. (See formatting requirements belov.) This process will afford more time for members to question witnesses.
Page 20 - SMITH, US SENATOR FROM THE STATE OF NEW HAMPSHIRE Senator SMITH. Thank you very much, Mr. Chairman, and thank you for holding this hearing today on S.
Page 73 - American to be seen in its true point of view, and that we shall all consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves; and consequently within what may be deemed the period of a generation, or the life of the majority.
Page 66 - Committee for the opportunity to testify, and would be glad to answer any questions. [The prepared statement of Dr.
Page 13 - I want to begin by thanking you and the members of the subcommittee for your continued support for the infrastructure programs and policies of rural America.
Page 86 - The committee will stand in recess, subject to the call of the Chair. Thank you very much. [Whereupon, at 12:11 pm, Thursday, May 25, the subcommittee was recessed, to reconvene at the call of the Chair...
Page 36 - I mentioned before, we have all of your statements, all of your statements will be entered into the record in their entirety...
Page 45 - This concludes my prepared remarks. I would be pleased to respond to your questions.
Page 77 - Norman B. Ture, president of the Institute for Research on the Economics of Taxation...