John Ensign: “The opponents of this measure are saying the Joint Tax seems to be the experts we should trust. Is my friend from…”

“The opponents of this measure are saying the Joint Tax seems to be the experts we should trust. Is my friend from California aware, I wonder, that in 2004 when we were doing this debate, the Joint Tax Committee estimated this measure would decrease revenue by $3 billion? But is my friend from California aware this actually produced to the Federal Government a net of $16 billion in tax revenue? We were not hurting the Government revenue but helping it? I further ask, through the Chair, is my friend from California aware that the Joint Tax Committee, last year, scored this same measure at $18 billion? This year, they scored it $29 billion. Was last year's estimate right, or was this year's right? They were so wrong in 2004 when, by the way, the outside economists were right. The inside economists were wrong. Was my friend from California aware of those facts?”