Dole on Taxes
Excerpts from Prepared Remarks to be delivered to Cheshire County 
Republicans, Keene, NH, April 28, 1995

A child born this year comes into the world owing $19,000 in
federal debt.  Instead of spanking new born babies, doctors should
jest tell them that to get them to cry.

Now, no one is actually going to hand children born this year
a bill for $19,000.  But they will be paying in many ways.

They will pay through the fact that when they eventually go
out looking for a job, there will be less of them, and they'll be
at lower wages.

They will pay through higher interest rates when they take out
a loan to buy a car or a home.

They will pay through higher taxes.  Next Saturday, May 6, is
"Tax Freedom Day."  It's the day when Americans finally begin to
work for themselves and their family.  The National Tax Foundation
estimates that all money earned by the average American from the
beginning of the year until May 6 will be used to pay our local,
state, and federal taxes.  If we don't change course, then by the
time our children grow up, Tax Freedom Day may fall on the same day
as Christmas.

And those taxes future generations pay will provide less
government services, because the money will be used to pay interest
on the debt.  In fact, the Joint Economic Committee estimates that
all children born this year will pay $187,000 each in taxes over
their lifetime just to pay their share of interest on the debt.

And they will pay when they discover that money they put into
Social Security may not be there when they retire, because the
government borrowed it to pay for the deficit....

...And when we fight to reduce the tax burden on Americans, they
will accuse us of wanting to help the rich.
  
I believe the American people will look beyond the rhetoric. 
When it comes to cutting spending, and cutting taxes, they
understand that Congress can do both and should do both.  And here
to say that we will do both.  We will hold the line on spending. 
And we will pass a tax cut that is fair to families and that will
create jobs and economic growth.