On the recordJune 18, 2012
But that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.
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Pete Domenici
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congress.govBut that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.
Domenici highlights the difference between revenue projections under current policy versus current law.
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The two of us have done this budgeting differently because we have done it bipartisanly from the very beginning.
It cries out for flexibility to save money, to do things right, to prevent harming people when they do not have to be.
Together, you go with a tax proposal and a proposal that reforms Medicare. When you combine the two, you get bipartisan support.