the lower the tax, the better in terms of the economy and its capability to produce and grow.
Pete Domenici
The Public Record
Pete V. Domenici is a former United States Senator from New Mexico, serving from 1973 to 2009. A member of the Republican Party, he was known for his work on budgetary issues and energy policy. During his tenure, he played a significant role in shaping legislation related to nuclear energy and national defense. Domenici was also involved in various bipartisan efforts, particularly in the areas of health care and education reform. He was a prominent advocate for fiscal responsibility and was instrumental in the passage of the Balanced Budget Act of 1997.
It falls on you to solve the Medicare problem, to solve the tax problem with a reform measure that will either be neutral in revenue or will gain revenue.
Might I say, Senator Nelson, I forgot, and I want to second the motion that the best way to get growth in an economy is to have lower marginal rates.
I want to say to you first, as a former Republican Senator, remember that we put our plan together starting with bipartisan membership.
I want to say to all of you that what we have produced by way of a budget, a plan, should really be taken seriously by all of you.
The two of us have done this budgeting differently because we have done it bipartisanly from the very beginning.