Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

April 18, 2002
PO-3010

TREASURY SECRETARY PAUL O'NEILL STATEMENT ON HOUSE PASSAGE OF BILL TO MAKE THE TAX CUT PERMANENT

"I applaud the House for voting to prevent the largest tax increase in history in 2011, and making sure that death will cease to be a taxable event, the child credit will increase, the marriage penalty will be reduced, and retirement and education savings options will be expanded. I hope the Senate acts quickly to provide millions of hard-working Americans with the permanent tax relief they deserve," stated Treasury Secretary Paul O'Neill.