Political Quotes

David Schweikert: As we walk through these, there are fun little tidbits to understand. Math is complicated and tax revenues--the fact of…

On the recordJune 12, 2018
As we walk through these, there are fun little tidbits to understand. Math is complicated and tax revenues--the fact of the matter is we are only where we are at in the year, so we are not completely done with the fiscal year. But we pulled up, a little while ago, the status from the amount of revenues up until April. So in the 2017 fiscal year, at that April time, we had taken in $456 billion in revenues. Revenues come from lots of different sources, but substantially they are from the economic activity in our Nation, the income tax, corporate tax, payroll taxes, and other things. So it was 456 last year. This year it is $510 billion. So understand that. It is not a complete fiscal year, but as our friend from Montana was just saying, there was such hyperbolic language from some of our friends on the other side that the world was going to come to an end, the fact of the matter is that revenues are blowing the doors off from where we thought they would be. This is a wonderful thing. To tell one of the other stories, I will invite the gentleman from Colorado (Mr. Tipton) to tell us what is happening in Colorado. Madam Speaker, I yield to the gentleman from Colorado (Mr. Tipton).
Said by
David Schweikert
Republican · Arizona
Source
govinfo.gov
Jun 12, 2018

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