"Mr. Speaker,
this tax was included in the massive 1993 tax
hike," he said. "The purpose of this
tax increase was to `reduce the deficit' during
the time period when the old Congressional
majority was regularly passing deficit-driven
budgets that far outspent each year's tax
receipts. Since that time, the Republican
majority has taken action to balance the budget
so that today the federal government is running a
positive cash flow. The end of annual deficits
should mean the end of `deficit-reduction'
taxes."
With world oil
prices climbing and experts predicting that the
price of gasoline will rise to least $2 a gallon,
Collins said, American families need help.
"And this is the kind of tax relief that
will help working families the most," he
added in his remarks.
Collins' bill is a
continuation of his opposition to the tax. In
1993, Collins opposed the entire tax hike package
of which the gasoline tax was a part.
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