On the recordMarch 12, 2001
I think it is time the American people deserve to be told the size of this tax cut. I have a chart. I don't know if it has been seen on the Senate floor, but it is interesting. The red area indicates $1.6 trillion as the entire tax cut alongside what we select in taxes during the same period of time. It is most interesting. During the same time we are asking the American people be given back $1.6 trillion, we will collect $28 trillion in taxes. Maybe that puts it a little bit more in perspective, that it is not such a giant tax cut in proportion to the taxes America collects.
Said by
Pete Domenici
Source
govinfo.gov