I salute the Secretary for saying, Hey, we have to take money out of the baseline plan.
we saw a fundamental threat to the economic and national security interests of the United States if we failed to act.
If you have a flat tax that generates the same amount of revenue, it is a mathematical certainty that people at the top ...
I want to welcome everyone to the Senate Budget Committee today.
I do believe we can move toward more of a consumption base by moving toward what you might call the traditional flat tax...
the race to the bottom is what is going on in the world today, and if it is going to be stopped, it is going to take som...
We had to do more on the spending cuts side of the ledger, substantially more, but that we also had to do something on t...
If we just use the historical average for revenues, at no time in the last 40 years would we have balanced the budget, n...
it is, I think, patently unfair to people who have all of their income exposed to taxation at whatever level of income, ...
Senator Conrad, the disparity between taxes on capital income and taxes on wages has grown larger and larger.
the biggest threat to our national security is our national debt.
When we talk about there being $78 billion in savings here on a net basis, you know, it is from an inflated baseline.
We are hurdling toward it. That is one thing we know with certainty.
I argued strenuously for a VAT tax or a consumption tax in whatever form to be part of the package.
I came here today simply to ask you to act. I know these cuts are politically difficult, but this is not a decision we c...
This growth is real today.
We cannot simply tax our way out of this problem.
I think most passengers would choose the latter by far.
